Crude Oil Insights Uncategorized Euro breaks 1.33, Oil heads towards 85, what down for the weekend?

Euro breaks 1.33, Oil heads towards 85, what down for the weekend?

And we are off. Euro slips below on 1.33 and trades at 1.3282 a new two week low, primarily on Greece. The crude rally stalls and WTI heads toward 86.0 while Brent slips to mid 85. Given the upcoming weekend, we should see steady profit taking and an increasing pressure on crude oil prices as well as Euro.

 

Author: Jawwad