Article Hero

Rising prices to push up production

1637141136.png
Miguel A. Rodriguez
Miguel A. Rodriguez
17 November 2021
Euro crumbles; traders wait on U.S. consumer test
  • The International Energy Agency has upped its average Brent crude #oil price assumption for 2022, but predicted a rally may ease off as prices that hit a three-year high last month push up global production
  • The #euro was huddled at a 16-month low while the dollar was firm as traders awaited U.S. retail sales data, wary a strong reading could stoke inflation and add pressure on the Federal Reserve to hike rates
  • #Brave's desktop browser now includes a #crypto wallet — you can make purchases and trades without an extension
  • #USDJPY rose 0.4%
  • #BTCUSD dove 5.2%
  • #XAUUSD dropped 0.5%


disclaimers_articles

article_share_title

article_rating_title

awful
ok
great
awesome

read_more

Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.