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The oil price is up a couple of bucks for no particular reason

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Three days since the last blog, a number of early meetings and travel have kept me away from the desk so I will do a whirlwind round-up if I may. The oil price is up a couple of bucks since Monday for no particular reason, traders tell me there is a surfeit of hope over actualité with which I concur. On Tuesday I read an article in the FT by Professor Nick Butler which started with the phrase ‘the Saudi’s blinked’, someone somewhere needs to smelling some coffee and then reading a transcript

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