US: EIA Crude Oil Stocks rise 2.624M in March-8 week

Crude Oil stocks surprise on the upside in the week ending at March 8, rising by 2.624M instead of the 2.300M expected, according to EIA. The week before saw 3.833M added barrels.

Mar 13, 2013

US EIA Crude Oil Stocks change decreases to 2.624M in Mar 8 from 3.833M

Forex: AUD/USD falls below 1.0300

The Aussie has been unable to keep levels above the 1.0300 and after peaking to 1.0330 following the better-than-expected retail sales data, the AUD/USD is falling to break the 1.0300 support and to reach a fresh intra-day low at 1.0290. Currently the pair is trading at 1.0295, just ahead the MA 55 hours at 1.0290.