Podcast – Dollar weakness may persist, RBA minutes and OPEC+ meeting looms

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the persistent US dollar bearish trend in the near to medium-term especially on the USD/JPY. Implication on the minutes of RBA’s restrictive monetary policy where it restarted interest rate hike restarted in Australia. Key technical levels to watch on WTI crude after an accumulated decline of -23% from the September 2023 high, and rumors of an extended supply cut from OPEC+ members in the upcoming cartel meeting this Sunday, 26 November.

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