Oil drops 2% on Asia open

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by Chris Becker

The carnage in oil continues on the open this morning in Asia. The WTI spot price just gapped down over 2% to $56.61 USD per barrel!

Chart CL-OIL, H1, 2014.12.14 23:05 UTC, VantageFX Pty Ltd., MetaTrader 4, Real

A nice boost going into Xmas spending, as AUDUSD remains steady hovering at 82.50 cents, as we await the fall out from the MYEFO to be released later today.

Don’t disappoint Santa Joe!

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