Monday, 10 December 2018

Oil Risks Range-Bound Prices Following OPEC Cut as Russia Eyes $55-65

Oil appears to have found a floor following the OPEC meeting, with Russia endorsing a price range of $55-65/bbl, but recent price action warns of range-bound conditions.


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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...