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  • Squawk / 1 hour ago
    USDCHF unable to break out of the range for now. 9850-60 and 9800 support if we move below 9900
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    bvlaerhoven bvlaerhoven
    newer H4 graph
  • 10m
    joyninja joyninja
    This election is about a lot more than economic discontent. I don't disagree with your premise that it's about renegotiating the social contract between rulers and rules....
  • Squawk / 3 hours ago
    Head of Commodity Strategy / Saxo Bank
    Oil trading lower for a third day: Rising skepticism about Opec's ability to cut production by the amount promised and whether a cut will make much difference. With production rising in Libya and Nigeria and with Iraq also wanting to be exempt Opec desperately need Russia to cut production. This now looks in doubt following Russian comments yesterday that they prefer to freeze production instead of cutting. These developments are worrying funds holding a record gross-long in WTI and Brent of 825,000 lots in week to Oct 18. The jump in Brent contango combined with expectations of an inventory rise from EIA this afternoon also adding to the negative sentiment.
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    tcat tcat
    I would say a break of 49,12 in WTI would open the doors for a strong move lower...