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fxx360 commented Dec 11, 2015WTI is falling at an average of $1 per day..... If it continues this way in 35 days you will be able to buy a barrel of crude for less than a dollar ....
Crude Crashes 15% Post-OPEC To $35 Handle
- fxx360 commented Dec 11, 2015
China is sending a message to the Feds ..
DJ China's central bank signals intention to loosen yuan's peg to U.S. dollar
- fxx360 commented Dec 11, 2015
No one can tell....just trade water , its more costly that crude and there was never a free fall in price .
Crude Crashes 15% Post-OPEC To $35 Handle
- fxx360 commented Dec 11, 2015
Use CAD/USD pair to hedge (sell) if it moves up later in the day .
Crude Crashes 15% Post-OPEC To $35 Handle
- fxx360 commented Dec 9, 2015
Wtf ....Water is twice the price of crude oil and stable too ...
Copper, aluminum and steel collapse to crisis levels
- fxx360 commented Dec 9, 2015
More than a trillion dollars of market capitalization has been wiped off oil stocks worldwide. Almost $2 trillion of debt sold by energy and mining companies since 2010, many of them high-yield or 'junk' bonds from small shale gas firms, are facing ...
OPEC Provides Economic Stimulus Central Bankers Can't or Won't
- fxx360 commented Dec 9, 2015
Hello !! How do you equate Millions of job losses from the oil industries with OPEC providing economic stimulus !!
OPEC Provides Economic Stimulus Central Bankers Can't or Won't
- fxx360 commented Dec 8, 2015
Again.......speculators are not oil producers !!!
The case for $20 oil is getting stronger by the day
- fxx360 commented Dec 7, 2015
Low oil price = job losses in the millions = less demand for oil. The Saudis fighting for market share is a dumb idea from day one. Selling more oil and making fewer profits is bad economics. Also bad for the environment.
Oil slump to near seven-year low weighs on U.S. shares
- fxx360 commented Dec 4, 2015
Really...she is like dried saltfish now !!!!
Pamela Anderson Net Worth: ‘Baywatch’ Star Gracing Cover For Last Playboy Nude Number, Weeks...
- fxx360 commented Dec 4, 2015
oil will turn higher before closed....with speculators fleeing !!More news to come. Pending sell limit for USD/CAD @ 1.3450.
OPEC has agreed to oil output price rollover - RTRS
- fxx360 commented Dec 3, 2015
Lol ...somebody got rich in a few seconds !!!
Financial Times publishes stunning, incorrect report on major monetary policy decision 7...
- fxx360 commented Dec 2, 2015
Speculators do not produce oil and they should have no saying in the price. Hope to see them (shorts) lose their pants before friday.
Oil slides as US crude inventories rise by 1.2M barrels: EIA
- fxx360 commented Dec 2, 2015
Every time we get a piece of economic news or a fed official hawking , the currency market will overreact which begs the question ...how much more is there to be priced in??????????????
ADP: Private Sector Employment Increased by 217,000 Jobs in November
- fxx360 commented Nov 30, 2015
I wouldn't doubt Goldman got some inside scoop from OPEC and they cutting their long positions in USD/CAD tody. Dollar is very strong and CAD gaining grounds is a red flag !!!
USDOLLAR Bull Flag Looks Promising, but Looks are Deceiving
- fxx360 commented Nov 23, 2015
I believe that smart money will use the first rate hike as their turning point to sell the USD...
Goldman: The Fed is going to hike 4 times in 2016
- fxx360 commented Nov 23, 2015
That train will soon run out of steam and start to crumble !!
Fed's Tarullo says US economy is "chugging along" but still a mixed picture
- fxx360 commented Nov 23, 2015
Goldman are speculators, hope they lose billions !! Oh and they are waiting for a lower entry point for crude oil....
Goldman: The Fed is going to hike 4 times in 2016
- fxx360 commented Nov 23, 2015
The oil market is oversold with short position, mostly hedge funds (speculators)...... Speculators do not produce oil and the deserve to lose millions !!!
Saudi Govt: Ready To Cooperate With OPEC, Non-OPEC For Stable Oil Prices