United States EIA Crude Oil Stocks Change registered at -3.436M, below expectations (-1.6M) in July 26

A word on the Australian dollar (AUD), which came under significant pressure this morning, losing about 0.7% against the US Dollar (USD), Commerzbank’s FX analyst Volkmar Baur notes AUD might be effected by China “This was probably due to the fact that inflation was slightly lower than expected.