The commodity recovery extended into its third week with the Bloomberg Commodity Index reaching a three-month high. Gold failed to reach new highs despite seeing the US FOMC turn more dovish while WTI crude oil traded back above $40/barrel for the first time this year.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/wcu-self-defeating-oil-rally-continues-7312285?utm_medium=tf4-feed&utm_source=extract
WCU: Self-defeating oil rally continues
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