Oil market will rebound - OPEC's Barkindo

OPEC's General Secretary Mohammed Sanusi Barkindo is on the wires (via Bloomberg):

  • Recent oil drop only temporary
  • Oil market will rebound
  • Feb. compliance with cuts much higher than Jan.
  • Oil drop in part from seasonal demand, refinery work
  • Broken the ice with producers at CERA week

USD/RUB bounces off lows, approaching 59.00

After dropping to fresh daily lows in the 58.80 region, USD/RUB has regained some interest and is now trading closer to the key 59.00 barrier. USD/RU
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EUR/SEK buyers could defend SMA crossover

EUR/SEK buyers could defend SMA crossover
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