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Oil falls back below $29

Discussion in 'Market News' started by ForexLive, Jan 18, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Ebb and flow of the oil market is key USD/CAD isn't responding to the drop in oil prices but crude is the critical driver of global markets at the moment. WTI crude fell as low as $28.36 in early trading but then bounced to $29.82 before beginning a fresh slide in the past few hours.

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