Crude Oil Prices Look to API Inventory Data to Break Deadlock


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Crude oil prices are caught between conflicting forces as a weakened US Dollar and OPEC news-flow compete for influence. API inventories data may break the deadlock.

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Weekly currency forecast


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Daily Briefings

US
Market
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The DXY Index is holding between 100.25 and 102.05 as US 2-year, 10-year yields start to edge higher again.
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EURO
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The British Pound fell amid worries about a looming UK Supreme Court decision on Parliament’s role in triggering Brexit. It may fall further.
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ASIA
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The 'Trump Trade' continues to retrace in the U.S. Dollar, but longer-term technical posture remains strong. Will bulls return fast enough to quell a reversal in GBP/USD?
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