Bullet Report: OPEC Agrees to Cut Output | Gold Poised for a Rebound?
The dollar touched a 9-1/2-month high against the yen on Thursday as oil prices surged after OPEC agreed to output cuts. The 14-member group of major oil producers reached an agreement to reduce their output by 1.2 million barrels a day to a ceiling of 32.5 million barrels a day. If OPEC’s cuts weren’t bullish enough […]