Crude Oil Price Steadies in Asia as US Dollar Holds Gains. Will WTI make Fresh Lows? - DailyFX
8/7/2022 12:00:00 AM2 years 8 months ago
by Daniel McCarthy
by Daniel McCarthy
The crude oil price has had a quiet start to the week, but re-emerging US Dollar strength could undermine it, especially if CPI data this week comes in hot. Where to for WTI?
Crude Oil, US Dollar, Fed, Treasuries, Curve, Backwardation - Talking Points
- Crude oil prices appear to be under pressure from a strong US Dollar
- Treasury bond yields have jumped hig… [+2721 chars] full article...