Against a basket of currencies .DXY the dollar was 0.2% lower at 98.053.
Beyond oil, currency markets are awaiting the outcome of central bank meetings in the U.S. and Japan this week and crucial economic data in Australia and New Zealand that could determine the rates outlook in the Antipodes. In the United States, investors who had begun trimming expectations for a U.S. Federal Reserve rate cut on Wednesday are now certain rates will fall and divided only over how much. FEDWATCH
No so much about safety, more about what will happen to the US dollar if the US gets involved, it declined heavily from 2002-2007 (yes, there were other factors weighing on the drop as well).
Of course the petro-dollar impact Saudi Arabia sells around 11million barrels a day in US$ currency doesnt matter to which country China,India, u name it. It is in the best interst of US to keep those countries demand & in need of US$.
What has the FED done to our money? 1913: No IRS, pre-FED Henry Ford paid workers $5US-Gold backed dollars per day. 5 x 6 days/week x 50 weeks : $1500/year Gold spot: $20.67/oz Salary in Gold: 72.56894 ounces No taxes. Net income=Gross income (Continued)
Dollar falls as oil supply threatened. Follow the money. auspol maga oil iran
Unexpected.
Well Well
This is why ignorants shouldn't be allowed to vote.
.2% , hardly 1929
$DOLLAR DOLLAR 🇺🇸🏛📜⚖️🏦💵💰📉📈📑✍️
السيسى - كداب .
Way to go Donald, should of kept the Nuclear Deal.
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Australia stocks set to trade little changed; oil prices spike 13% after attacks on Saudi oil productionInvestors will watch for market reaction in shares of oil companies across the region on Monday, following a surge in crude prices after drone attacks hit Saudi oil supply. A spike just in time for the IPO ... how convenient. Just the beginning. $100 oil coming. Billions to be made in this IPO.
Source: CNBC - 🏆 12. / 72 Read more »
Trump: US locked and loaded for response to attack on SaudisPres. Trump tweets that the U.S. is 'locked and loaded' for response after attacks on Saudi Arabia. Jews...? :7 (emoji “damm something to thinck about “) DON’T BE FOOLED and do not be one of Trump’s so called uneducated supporters that he boasts about. This is not a U.S. strategic move....this is for Trump only. Trump and the Saudi Prince have many tangled web deals that are the root cause of this sinster loyalty. I thought you never wanted our enemies to know about any attacks! Locked and loaded... this is not a sitcom Mr President. Have a plan and quit playing soldier on Twitter.
Source: ABC - 🏆 471. / 51 Read more »
Saudi, Gulf stocks fall after attacks on Aramco oil plantsSaudi stocks fell sharply on Sunday, after attacks on two plants at the heart of... Real courage adjust the nerves. يشتوا يتوهونا:الطائرات المسيرة التي قصفت بقيق وخريص بالسعوديه جأت من ايران ؛لاالعراق لاالبحرين !!؟مايهمنا إنها حققت هدفها؛والاهم ان الاستهداف هو رد للعدوان السعودي الامريكي على اليمن المستمرمنذ خمس سنوات اليمن_شفت_الدبل_قيق What is your intention about not using the complete name of “Persian Gulf”
Source: Reuters - 🏆 2. / 97 Read more »
U.S. stock futures fall after Saudi oil attacksU.S. stock futures fell 0.59% percent when trading resumed on Sunday, a day afte... Yah think? Go electric. 👍🏽
Source: Reuters - 🏆 2. / 97 Read more »
Attacks In Saudi Arabia Are A Recipe For $100 OilSaturday's attacks on Saudi Arabia's oil infrastructure have sidelined daily oil production equivalent to the total added during the U.S. shale oil boom. The other factor you have to consider is that Saudi oil is the sweetest oil. Refineries worldwide just can't use a range of oil grades in their refineries, hence the price problem might be with the lighter products - jet fuel, gasoline and no.2_hearing oil. Cuba I'm guessing $75 oil, for two weeks, then when all of the production comes back online dropping down to $55. Aramco doesn't just need high oil price for a good ipo, but good production. Price * production = revenue, they will manipulate everything to show near normal prod.
Source: Forbes - 🏆 394. / 53 Read more »
Attacks In Saudi Arabia Are A Recipe For $100 OilSaturday's attacks on Saudi Arabia's oil infrastructure have sidelined daily oil production equivalent to the total added during the U.S. shale oil boom. Make that 200$ oil price. SaturdayThoughts You want oil?
Source: Forbes - 🏆 394. / 53 Read more »