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Brian Evans
02 Oct 2022, 19:28

Oil is poised for a weaker rally after 'investor exodus' on strong dollar and recession fears, Goldman says

Oil is poised for a weaker rally after 'investor exodus' on strong dollar and recession fears, Goldman says

Oil is poised for a weaker rally after 'investor exodus' on strong dollar and recession fears, Goldman says

Goldman Sachs said it's still bullish on oil but slashed its price target on Brent crude to $100 a barrel from $125.

The pound just hit an all-time low — but it's not just dollar strength. Here's how Brexit is at the root of the market rout.
George Glover
02 Oct 2022, 15:43

The pound just hit an all-time low — but it's not just dollar strength. Here's how Brexit is at the root of the market rout.

While the UK government's tax-cutting plan spooked markets, strategists pointed to the UK's withdrawal from the EU as at the heart of the fall.

The Brazilian real and the Mexican peso have climbed against the dollar as it steamrolls rival currencies this year — but economic and political risks could eat into their gains
Carla Mozée
01 Oct 2022, 19:24

The Brazilian real and the Mexican peso have climbed against the dollar as it steamrolls rival currencies this year — but economic and political risks could eat into their gains

Brazil's real and Mexico's peso have risen this year against King Dollar but there are short-term risks including a presidential election in Brazil.