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Commodity squeeze underway, oil jumps

Discussion in 'Market News' started by ForexLive, Dec 3, 2015.

  1. ForexLive

    ForexLive Forum Member

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    AUD/USD jumps WTI crude oil is now up $1.73 or 4.4% to 41.65 as shorts everywhere get a bit nervous. The OPEC meeting is tomorrow and there haven't been any murmurs about a production cut but the market is understandably a bit rattled.

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