Oil takes to the skies

By: Miguel A. Rodriguez

12:48, 16 June 2021

Australian, New Zealand dollars range-bound ahead of Fed meeting.
  • Crude #oil prices moved above $71.00, eyeing the October 2018 high as increased air travel amid economic reopenings boosted the picture for demand.
  • The Aussie and Kiwi traded in tight ranges ahead of a much-anticipated Federal Reserve meeting, after the Reserve Bank of Australia's minutes briefly weighed on the Aussie.
  • Some 81% of fund managers still believe #bitcoin is in a bubble, according to the latest Bank of America Global Fund Manager survey.

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