HomeBusinessEnergyCrude Down On China Lockdowns | Japanese Yen At Seven Year Lows
Crude Down On China Lockdowns | Japanese Yen At Seven Year Lows

Crude oil futures ( /CL) drop from $114 to $107 overnight on news of new China lockdowns, explains Chris Robinson, Managing Director of TJM Institutional Services. He discusses the seven year lows on the Japanese Yen (/6J). He says to look for the bigger moves in gold and try to be more patient while trading gold. Bitcoin (/BTC) seems like it is a substitute trade for gold, but it is very range bound, and he suggests looking at the technicals and have an exit strategy.

Futures

28 Mar 2022

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