The highly anticipated meeting in Doha, Qatar ended without any agreement. WTI gapped 2,000 points, fell below $40 a barrel.
Risk aversion drives demand in safe-haven, USDJPY plunges to 18-month low.
Dollar weakens on Yellen’s dovish comments; EURUSD hits 5-month high.
Four central banks announced their monetary policies last week.
The Reserve Bank of Australia (RBA) kept rates unchanged in their latest announcement.