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The Australian Dollar has been battling to lift off the mid-August low but the recent rally might be constructive for it as it seeks to move back into a range trading environment.
The crude oil price has been steady today after surging last week on supply woes. With the US on holiday today, conditions in some markets might see less liquidity. Where to for WTI?
The Australian Dollar held firm against crosswinds that are bruising sentiment and against a US Dollar that is looking for its own identity as uncertainty for the Fed’s rate path unfolds.
Crude oil prices appear underpinned going into the end of the week with the market spooked by possible production cuts from Moscow and dwindling US inventory. Where to for WTI?
Daniel McCarthy was arrested Wednesday without incident at Motel 6 on Route 18 in East Brunswick.