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Storm raging in oil markets

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Miguel A. Rodriguez
Miguel A. Rodriguez
01 September 2021
Dollar falls to more than three-week low with payrolls in focus.
  • #Oil prices fell after Hurricane Ida shut down operation in the Gulf Coast; OPEC+ expected to make a decision on production.
  • #USD hit its lowest level in more than three weeks before the crucial jobs report scheduled for Friday.
  • El Salvador's Congress approved a law to create a $150 million fund to facilitate conversions from #BTC to #USD ahead of the country’s planned adoption of the #cryptocurrency.

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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.