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Oil trades negative as storage space runs out

Oil trades negative as storage space runs out

Global Market Insights - Forex, Futures, Stocks

April 21, 20204m 10s

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WTI oil price goes negative as physical storage space runs out. Loonie and other oil-sensitive currencies retreat. But little impact in other assets – mild risk aversion only. Yen and dollar gain on defensive flows, stocks turn red and kiwi drops.

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Topics

ForexFuturesStockstradingonline investingmarket newsmarket insightsforex trading