Monday, 3 December 2018

US Crude Oil Price Breaks Higher, May Rally Further

The price of US crude oil has clambered out of a downward channel in place on the daily chart since early October; a positive signal after a series of constructive developments for the commodity.


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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...