Crude Holding $65, U.S. Dollar Could be ‘Vulnerable to a Squeeze’
Schwab Network · Schwab Network
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Show Notes
Dan Deming covers the commodities market. He thinks crude will hold the $65 level as long as the Strait of Hormuz isn’t closed, which would hurt Iran’s ally China. On Bitcoin, he says “each iteration of disruption” makes it more and more legitimate. For the U.S. dollar, he says pressure is still to the downside and it could be vulnerable to a squeeze.
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