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11 Jan 2018

OPEC may talk oil prices down if Brent rises above $70 - Goldman Sachs

According to Goldman Sachs, OPEC may try and talk down oil prices if Brent rises above $70 levels.

The investment bank believes the cartel does not want the central banks to start responding to inflationary pressure from oil prices above $70 a barrel. Further, it also fears the US shale investments may rise if prices hold above $70 levels.

Jan 11, 2018

USD/CAD holds above mid-1.2500s, inching back to 1-1/2 week tops

   •  CAD weighed down by NAFTA concerns.     •  Sharp USD rebound remains supportive.  The USD/CAD pair traded with a mild positive bias for the fo
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Jan 11, 2018

EUR/JPY - Positive above uptrend - Commerzbank

Karen Jones, Analyst at Commerzbank says the short-term outlook remains positive as long as the EUR/JPY cross holds above the 5-month long ascending t
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