Oil $3.50 off lows, now up a buck
Algos are marching EUR/USD higher as a result…Now back to 1.4207.
Copper is on a tear along with gold today, up 1.75%. Gold is consolidating at $1512.75.
Algos are marching EUR/USD higher as a result…Now back to 1.4207.
Copper is on a tear along with gold today, up 1.75%. Gold is consolidating at $1512.75.
4 Responses to “Oil $3.50 off lows, now up a buck”
Hmm… and AUD breaks 1.07.
Oh dear kiwi aud goin nuts… here come these stocks…
This is weird. The hedge funds only know how to sell the dollar and buy commodities
It’s not just the hedge funds, I generally sell the dollar an buy commodities too. For instance I just settled a trade downstairs: I went long milk (MLK) and sold USD. I got $3.25/gallon.