Discussions to continue between OPEC and non-OPEC members – Iraq’s oil minister

Iraq Oil minister crossed the wires last minutes, noting that the discussions will continue between OPEC and non-OPEC members to prop up prices.

Feb 18, 2016

AUD: Payback weakness in Australian employment report – MUFG

Lee Hardman, Currency Analyst at MUFG, notes that the Australian dollar has been one of the worst performing currencies in the Asian trading session undermined by the release of the weaker than expected Australian employment report.

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Feb 18, 2016

EUR/GBP drops to lows near 0.7770

The now increasing buying interest around the sterling is putting EUR/GBP under further downside pressure towards the 0.7770 area, or session lows...

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