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Limited production increase expected

Miguel A. Rodriguez
Miguel A. Rodriguez
02 February 2022
Dollar declines for second day running as FX markets change course
  • #Oil prices climbed on expectations that a limited production increase by major oil producers and a solid post-pandemic recovery in fuel demand will keep a tight supply condition
  • The #dollar fell for a second consecutive session, knocked off the 19-week peak reached at the end of January, while risk-sensitive currencies such as the Australian dollar and British pound gained
  • #Nestcoin, a company building products to help Africans and residents of other frontier markets understand and adopt #crypto, has raised $6.45 million in pre-seed funding
  • #USDJPY fell 0.3%
  • #WTIUSD lost 0.3%

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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. 

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