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Sunday, May 21, 2017

[FOREX NEWS] Oil leaps on OPEC, slower US output – will CAD follow?

The price of crude oil has recovered since the crash under $47. And after stabilizing just around $50, the price of the black gold opened the week with a weekend gap to the upside, reaching a high of $51.20. There are good reasons for this specific rise in prices. USD/CAD is already some 200 pips [...]

The post Oil leaps on OPEC, slower US output – will CAD follow? appeared first on Forex Crunch.



via Forex Crunch

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