The USD "strangely" broke support and is down 1.8%. Very good for oil and other commodities temporarily. Not sure how far it will go. Last time it had a candlestick like this it went back up within a week. But odd this happened right when inventory report came out. Looks staged to me, but that's the market. But if this is a chink in the dollars armor, and it continues to fall, oil could be in the $40 range very soon.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.