U.S. demand pulls oil higher

By: Miguel A. Rodriguez

12:34, 27 October 2021

Dollar edges up, currency markets sluggish ahead of central bank meetings
  • #Oil prices edged up to fresh multi-year highs, supported by a global supply shortage and strong demand in the United States, the world's biggest consumer
  • Currency markets lacked clear direction in early European trading, with the #dollar edging slightly higher but most major pairs little changed as investors looked ahead to central bank meetings this week
  • #CoinList, a platform for new crypto offerings, has reached a valuation of $1.5 billion after a $100 million fundraising effort
  • #XAUUSD dropped 0.7%
  • #WTIUSD gained 0.9%

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