Crude Oil Bumps Up as US Dollar Sinks on Yield Slip Ahead of Quad Meetings in Tokyo - DailyFX


5/22/2022 12:00:00 AM2 years 11 months ago
by Daniel McCarthy

Crude lifts as the US Dollar gave up some ground today but still remains at elevated levels as Quad meeting get under way. Will the USD ascending trend resume?

  • Oil is a touch higher after USD softened with aTreasury yield dip on Friday
  • APAC equities moved higher but were cut down by more Covid-19 cases in China
  • Risk and growth linked… [+2150 chars]

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