StockBoardAsset
Short

CADUSD SINKS, DOLLAR UP, & WTI NEEDS A SHRINK

TVC:USOIL   WTI CRUDE OIL
19 0 1
In past few sessions, the DXY             has advanced +150bps on the back of Fed Fischer’s comments. In return, CAD/USD pair is under-pressure now probing in the mid-.76 handle. A stronger dollar will weaken foreign purchasing power, thus sending WTI under pressure. Such Forex moves could have a negative impact on Spot WTI pricing indicating resistance is stronger than anticipated at such levels.

Read more: http://stockboardasset.com/insights-and-research/cadusd-sinks-dollar-wti-needs-shrink/
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out