Guys, more "old" news here:
The Bloomberg channel say that the oil producers have agreed to stop pumping oil like crazy and bring the oil price back to where it was. The reason for the decision is that the production target is now reached.
This means somewhat weaker dollar, heigh oil price, AUD/USD up, USD/CAD down and probably gold up.
EUR/USD still neutral with a weak bearish momentum.
Just my few "fundamental" cents
PS: The announcement is quite fresh and there are no details on how and when the decision will be implemented. However the news itself is big enough to create movement in the market.
Let see...
The Bloomberg channel say that the oil producers have agreed to stop pumping oil like crazy and bring the oil price back to where it was. The reason for the decision is that the production target is now reached.
This means somewhat weaker dollar, heigh oil price, AUD/USD up, USD/CAD down and probably gold up.
EUR/USD still neutral with a weak bearish momentum.
Just my few "fundamental" cents
PS: The announcement is quite fresh and there are no details on how and when the decision will be implemented. However the news itself is big enough to create movement in the market.
Let see...
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
2