The commodities sector as a whole has taken a turn south ahead of the much-anticipated March 15 FOMC meeting where most forecasters expect a 25 bps rate hike. Oil gold silver copper soybeans and sugar contracts are all facing long liquidation.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/wcu-funds-run-for-cover-as-oil-breaks-range-saxostrats-8530023?utm_medium=tf4-feed&utm_source=extract
WCU: Funds run for cover as oil breaks range — #SaxoStrats
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