Oil Special: Saudi Attack Disrupts Forex Flows

From globalprime.com.au

Crude Oil has gone ballistic higher after the unprecedented implications of the multiple Houthi rebel-claimed drone attacks to the world’s biggest crude production facility in Abqaiq and Saudi Arabia’s second-biggest production facility in Khurais. The immediate pattern during Intermarket hours has been quite predictable, with the Canadian Dollar, the Norwegian Krone and the Yen bought strongly. The Daily Edge is authored by Ivan Delgado, Market Insights Commentator at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market ... (full story)