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December 19, 2024

Oil and Natural Gas Markets React to Fed’s Rate Cut with Increased Volatility

The oil and natural gas markets are displaying significant volatility following the Federal Reserve’s third rate cut announcement. Oil prices are fluctuating within their established range while natural gas shows signs of strength.

Furthermore, the USD/CAD pair has successfully broken through a key resistance level, reflecting market adjustments to the Fed’s latest moves. Traders should expect continued market reactions as the implications of the Fed’s decisions unfold.

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