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

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]

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