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State Department official: U.S. Pushing allies to cut oil imports from Iran to zero

Citing a state department official, Reuters reported that the U.S. was pushing its allies to cut oil imports from Iran to zero.

  • U.S. State Department official to travel to India, China in coming week, will ask them 'to go to zero' on imports from Iran.
  • U.S. State Department official says to encourage Gulf countries in upcoming talks to ensure global oil supplies as Iran oil exports are restricted.

USD does not have a straightforward association with the status of safe haven - Rabobank

"While we have been USD bulls for some months, we would still argue that the greenback does not have a straightforward association with the status of
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EUR/USD Technical Analysis: Euro correcting higher from daily lows

EUR/USD 15-minute chart Spot rate:              1.1674 Relative change:   -0.25%   High:                     1.1721 Low:                      1.
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