Does This Oil Bounce Back Have Legs?
Real Vision: Finance & Investing
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KPMG - The Real Vision Daily Briefing
Dollar has been an interesting counter trend rally for the entire month of February. It's heading toward 100 and 200 day moving average resistance levels up above around 106. And I have a feeling that somewhere, you know, in the next couple of weeks, where the dollar fails and probably resumes its trip lower. The fact that Russia, Saudi Arabia, China, India are looking at pricing commodities can contribute broadly speaking to dollar weakness over time as well.
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