Thursday, 8 November 2018

Crude Oil Prices May Extend Fall as Fed Boosts USD, Sinks S&P 500

Crude oil prices flirted with a 10-day loss, an eleventh would be the longest losing streak in over thirty years. Fed, stronger US Dollar and S&P 500 declines may pressure the commodity lower.


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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...