Breaking
Posted 3 hours ago
CFTC Considers Blocking CME's 24/7 Oil Contract Launch
The US Commodity Futures Trading Commission is weighing whether to block CME Group's proposal for a round-the-clock oil trading contract, creating regulatory tensions with the major exchange operator. Oil market disruptions could strengthen the US dollar against commodity-linked currencies like CAD and NOK, as traders seek safe havens amid potential energy trading volatility.
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