Thursday, 27 September 2018

When Headlines Scream Oil Price to Reach $100, Skepticism is Called For

There are plenty of reasons why the crude oil price might strengthen further but headlines proclaiming it could hit $100/barrel may be a warning sign that it will soon be time to sell.

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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...