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Saudi will keep supplying as long as there is demand – Saudi deputy oil minister

FXStreet (Mumbai) - Saudi deputy oil minister Abdulaziz bin Salman said the country would continue to supply whatever its customers demand. His statements are similar to Oil Minister al-Naimi’s comments last week.

The deputy minister further said the oil market is “excellent” and that the world’s largest oil exporter cares about maintain market stability and market share.

Brent Crude currently trades at USD 65.38/barrel, while WTI Crude trades at USD 57.12/barrel.

GBP/USD remains a sell into UK election uncertainty – SG

Kit Juckes of Societe Generale, comments on the market pricing for UK rate hike and further sees GBP shorts as attractive into the UK election uncertainty.
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SEB: USD index likely to test 96.17 – eFXnews

According to SEB, USD index might test the support at 96.17, and bulls should hold back until the correction shows signs of fading, as noted by eFXnews.
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