Investors hoping for more OPEC output cuts, Crude Oil posts big gains FXTT Instructor 18/06/2019 Uncategorised 1. Geopolitical tensions between US/Iran regarding the oil tanker incident in the Straits of Hormuz and hopes for more OPEC output cuts sends WTI near the top of its range ahead of the FED. USOIL – 4hr Chart Post navigation Previous Previous post: Draghi hints at more stimulus and Trump counters with tweet, citing FX ‘manipulation’ by ECB and EU gaining ‘unfair’ advantageNext Next post: The Dollar Index gained as the EUR weakened BUT the strength was not broad based, Cable and Commodity FX posted gains
