Tuesday, 18 December 2018

Crude Oil Price Breaks Support, Crumbles to a New 14-Month Low

The Brent crude oil price continues to crumble and has broken horizontal support to make a new 14-month low as record US shale production and fears of an economic slowdown weigh on the oil complex.


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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...