RTTN: Dollar Choppy Ahead Of EIA Weekly Inventory Report
(RTTNews) - The Energy Information Administration is scheduled to release its weekly petroleum inventory report at 10:30 AM ET. Analysts are forecasting a drop of 1.3 million barrels of crude oil and an increase of 900,000 barrels of gasoline for the week ended November 27.
The US dollar lacked a clear direction ahead of the report. Currently, the greenback is quoted at 1.5088 against the euro, 0.999 versus the Swiss franc, 87.27 against the yen and 1.668 per pound.