Archive for April 21st, 2020

New Overnight Developments Abroad - Daily Update

Several Big Developments

April 21, 2020

Although well above Monday’s lows, the price of WTI oil (-$4.00 per barrel) remains negative. This development continues to ripple well beyond other commodity markets, including the exertion of a drag commodity-sensitive currencies. The dollar overnight advanced 2.5% against the Russian ruble, 1.3% relative to the New Zealand dollar and Mexican peso, 1.5% versus the […] More

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