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29 Nov 2024
Trading news
Nov 29, 2024
Crude Oil consolidates as traders prepare for final weeks of 2024
Crude Oil trades in the red and loses around 1% on Friday. However, it is in a continuous tight range with traders on the sidelines awaiting the outcome of the upcoming Organization of the Petroleum Exporting Countries and its allies (OPEC+) meeting on its output policy, which has been delayed to next Thursday.
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Nov 29, 2024
US Dollar retreats with French yields pushing Euro higher
The US Dollar (USD) trades softer on Friday on the back of concerns over Europe, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, extending this week’s decline and falling below the 106.00 level.
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