Tuesday, 9 October 2018

Crude Oil Surges on Iran Sanctions, Gulf of Mexico Fears

Crude oil continued to punch higher, and has its sight set on $90/bbl+. in the short-term as Iran sanctions near while Hurricane Michael threatens the Gulf of Mexico.

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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...