Currently 146.09 with rallies so far capped at 146.50
Sellers 146.20 146.50 146.80 147.00 147.30 147.50
Buyers 145.80 145.50 145.25 145.00 144.80 144.65 144.50
Saudi oil minister Ali bin Ibrahim Al-Naimi stamping all over any expectations for production cuts. I’m not sure some of his OPEC colleagues who are fiscally underwater with the current price would agree.
He’s made a good point though, why should OPEC cut just because non-OPEC production has risen? That’s what makes a market.
Oil is staging a bounce of sorts despite the bearish comments above.
So here’s what’s out there now for CHF after the earlier action
USDCHF currently 0.9783 finding some support at 0.9760 after the drop from 0.9849
Sellers 0.9800 0.9820 0.9845-50 0.9880 0.9900-10
Buyers 0.9760 0.9740 0.9700-10 0.9680 0.9650-60 0.9640 0.9600 0.9580 0.9550
EURCHF currently 1.2038 after the fall back from 1.2098 as longs scrambled out. 1.2050-65 pivotal area now
Sellers 1.2050 1.2065 1.2085 1.2100-05 (stops above) 1.2125-35 1.2150
Buyers 1.2030 1.2015-20 1.2000-05 (SNB cap- stops below 1.1990) 1.1970 1.1950
USDCAD currently 1.1605 testing bids after failing at 1.1650
Sellers 1.1650 1.1680 1.1700 1.1735 1.1750
Buyers 1.1600 1.1575-85 1.1550 1.1520 1.1500 1.1470-75 1.1450
NZDUSD currently 0.7735
Sellers 0.7760 0.7800-05 0.7830 0.7850 0.7885 0.7900
Buyers 0.7700 0.7680 0.7650
USD/RUB is still volatile as it falls from just shy of 64.0 to 62.05 in about 10 minutes
Jordan is really stringing this one out
So someone did know beforehand eh ? Shock
GBPUSD 1.5664 now 1.5628 on a classic buy/ rumour sell fact move
EURGBP 0.7875 from 0.7862
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