WTI could dive below the $60 mark in 2022 – Deutsche Bank
There were big moves in oil prices in 2021 as economic reopening and geopolitical pressures
Financial and Business News
There were big moves in oil prices in 2021 as economic reopening and geopolitical pressures
USD/CAD prints two-day downtrend, refreshes intraday low at the latest. Risk-on mood, softer USD underpin
USD/CAD faces rejection once again near 1.2850 amid firmer WTI prices. The major has room
Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, suggested that prices of the barrel of
USD/CAD is rising back towards 1.2700 after Tuesday’s steep correction. Risk-off mood-led USD strength buoys
In the view of the analysts at Goldman Sachs, the Canadian dollar’s upward trajectory is
Oil prices are likely to continue with their uptrend amid strong demand, which will offset
USD/CAD holds a two-day uptrend amid a pause in the USD advance. WTI slips on
USD/CAD prints a new weekly high at 1.2763. The market sentiment remains downbeat, with the
US WTI Crude Oil extended its gains and neared $73. However, strategists at TD Securities