Chart Of The Day: Euro Set To Retest All-Time Lows On Inflation Differentials
- Date: 07-Jul-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Chart Of The Day: Euro Set To Retest All-Time Lows On Inflation Differentials
As we write this, is trading above $75 for the fourth straight day. In fact, it’s more than halfway toward $77, its highest level since Nov. 12, 2014. The breakdown of production limit talks among the OPEC+ nations has sent crude climbing toward $80 a barrel.
But wait, readers might be saying to themselves at this point, didn't the headline indicate this post would be about the ? Indeed, and yes, it is.
The current sharp rise in the price of US oil may have a significant impact on the , for two reasons.