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Dear Fellow Traders,
Saudi Aramco has raised the prices for all grades of crude it sells to Asia for December loading, two sources with knowledge of the matter said on Thursday.
The December price for Saudi Arab Light crude for Asian customers rose by 90 cents a barrel from the previous month to a premium of 45 cents a barrel to the Oman/Dubai average, they said.
In my opinion the, the AUD/USD pair will also move and I bet for this pair. as of writing the AUD/USD is at 0.7686. Today's range 0.7680-0.7690 and then you take the profit till you hit the forecasted price of November at the maximum rate 0.78, while minimum 0.74. Averaged rate for month 0.76.
Happy trading!
Saudi Aramco has raised the prices for all grades of crude it sells to Asia for December loading, two sources with knowledge of the matter said on Thursday.
The December price for Saudi Arab Light crude for Asian customers rose by 90 cents a barrel from the previous month to a premium of 45 cents a barrel to the Oman/Dubai average, they said.
In my opinion the, the AUD/USD pair will also move and I bet for this pair. as of writing the AUD/USD is at 0.7686. Today's range 0.7680-0.7690 and then you take the profit till you hit the forecasted price of November at the maximum rate 0.78, while minimum 0.74. Averaged rate for month 0.76.
Happy trading!
