Single Currency Making New High as Merkel Complained "Too Weak"

Crude oil prices remained firm ahead of the OPEC/non-OPEC meeting later this week. The front-month WTI crude oil contract extended the recent rally, accumulating gains of +4.2% over the past 4 days, and settled at 50.73. Adding +0.49% on Monday, the Brent contract also strengthened for a 4th consecutive day, closing at 53.87 before rising to as high as 54.37 in early trading. In the FX market, euro's strength accelerated as German Chancellor suggesting that it's too weak.

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Single Currency Making New High as Merkel Complained "Too Weak"

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