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Underhand crude trade

Underhand crude trade

Dollar hits five-year high versus yen as Fed hikes seen intact.

  • #Oil exports from Venezuela doubled in December as the country raises production of revenue-generating hydrocarbons defying U.S. sanctions.
  • #USD rose for a fifth straight day against the #JPY to hit a five-year high as investors anticipated the #Omicron variant would not derail the global economy or delay the Federal Reserve's expected rate hikes.
  • An anonymous #cryptocurrency wallet holding 1,335 #BTC worth $61 million has transferred its funds onto #Coinbase.

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