Oil Price to Stay Afloat as US Output Falls to Lowest Level Since 2018

The ongoing contraction in US production may keep oil prices afloat in June as crude output falls to its lowest level since October 2018.

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US Update – May 28 – Data In line

EURUSD, H1 The -323,000 initial claims drop to 2.123 million in the fourth week of March extended the -241,000 decline to 2.446 million (was 2,438 million) in the BLS survey…

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Dollar Index trades below 99.00 as S&P 500 futures rise

The dollar index (DXY), which tracks greenback’s value against majors, is losing altitude in Asia with the US stock futures pointing to an extension o

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