Crude Oil Trims Losses, Boosting Commodity Currencies

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    As expected, the crude oil debasement, which was triggered by the failure of the Doha meeting, proved to be short-lived. The West Texas Intermediate erased almost completely Monday’s early losses as it bounced back slightly below the $40 threshold after hitting $37.61 at the opening. Similarly, the Brent crude filled[​IMG]

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