Tuesday, 25 September 2018

Crude Oil Price Forecast: Option Traders Salivate Over $100/bbl Crude

After Trump's request to OPEC went unheeded in Algiers, the options market is betting on triple-digit crude. A bearish chart pattern stands in the way, but if it fails, the uptrend will likely continue unscathed.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...