While some officials of oil-producing countries today has since denied reports about plans to change currency calculations that appeared in the Independent, currency strategist at Westpac notes that certain elements of truth in this report still contained. However, the bank noted that the withdrawal from the dollar will happen much later than in 2018, given the technical difficulties of this transition and the problems associated with liquidity and pricing oil based on a basket of currencies. In addition, the collapse of the dollar does not reflect the interests of oil producers, and selling the dollar against the backdrop of this news, according to Westpac, are unfounded. The U.S. currency, however, after a pause again came under pressure, which is now more noticeable in a couple of pound. Bulls on the pound / dollar trying to get higher if Offered $ 1.6020/25 in the area (rumored to above $ 1.6030 stops are located), and the success of this enterprise will rely on the continued growth to $ 1.6045/50 and $ 1.6070, and then to $ 1.6120/30.
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