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White House is mulling releasing oil from the SPR, but no formal decision has been made. | investingLive
There is a report that the White House is mulling releasing oil from the strategic petroleum reserve (SPR), but no formal decision has been made. According to Politico there is fierce opposition to tapping the SPR. Those who oppose tapping the reserve say a release would solve what they consider the underlying problem (war?). The…
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investingLive Americas FX news wrap 5 Dec | investingLive
The USD is closing mixed on the day with the USD moving the most vs the CAD after stronger Canada GDP data. The USDCAD fell by -0.93% and closed below its 100 and 200 day MAs above and below the 1.3900 level (see technical post here). The USD was also lower vs the AUD (by…
