US dollar strengthened against major currencies, except British pound. USD index rose to a 4-month high of 97.32 before retreat. GBPUSD firmed as UK’s unemployment rate unexpectedly fell below 5% in June. Meanwhile, BOE’s business conditions report suggested that economic activity has not shown signaled contraction following the EU referendum.
See the original post:
Crude Oil Gained Despite USD Strength. US Inventories Declined
Leave a Reply
You must be logged in to post a comment.