OctaFX | OctaFX Forex Broker
Open trading account
Back

Crude Oil Futures: deeper pullback loses traction

In light of preliminary prints for Crude Oil futures markets from CME Group, open interest and volume shrunk by around 11.9K contracts and 151.6K contracts, respectively on Wednesday.

WTI met support around $58.00/bbl

Prices of the barrel of West Texas Intermediate remain sidelined in the $58.00 neighbourhood – or weekly lows - amidst declining open interest and volume, signalling that the prospect for a deeper retracement could be losing momentum.

FX option expiries for Jan 16 NY cut

FX option expiries for Jan 16 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1100 1.4bn 1.1110 647m - USD/JPY: U
Read more Previous

Forex Today: Mixed feelings about the trade deal, US retail sales eyed, cryptos consolidate

Here is what you need to know on Thursday, January 16: The US and China signed Phase One of the trade deal after over three years of tensions. The acc
Read more Next
Start livechat