Crude Oil Prices Eye April High, Fed Ready for First Cut Since 2008?

Crude Oil Prices Eye April High, Fed Ready for First Cut Since 2008?

Crude oil prices rose as Jerome Powell rekindled 50bps Fed July rate cut bets, taking out falling resistance. The AUD/USD and NZD/USD may rise but medium-term gains are suspect.

https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2019/07/10/Crude-Oil-Prices-Eye-April-High-Fed-Ready-for-First-Cut-Since-2008.html

Author: admin