The Thanksgiving holiday may be over but the US dollar has little to be thankful for – it's still struggling against the euro and the yen and is likely to point lower still. But oil is doing well and WTI crude has hit a two-year record.

• Yesterday saw a bit of an extension to stronger euro theme
• Our underlying assumption is EURUSD higher
• Unclear what's happening in Brexit – UK has a bill offer deadline today
• Pipeline outage supporting WTI ahead of Opec meeting
• Opec optimism is providing underlying support – but little room for error
• Gold supported by dovish FOMC but still struggling to break resistance