West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $58.96 per barrel, down from Thursday’s close at $59.02.Brent Oil Exchange Rate (Brent crude) ,on the contrary, is up, advancing from the $62.89 price posted on Thursday, and trading at $63.04.
The NZD/USD pair holds steady near the monthly high, around the 0.5730 region, during the Asian session on Friday and looks to build on its strong move up witnessed over the past week or so.
The US Dollar (USD) navigated an inconclusive range near recent lows, as volatility remained scarce and trade conditions thin in light of the Thanksgiving Day holiday on Thursday. In the meantime, expectations for another rate cut by the Federal Reserve in December remained well in place.