Thursday, 10 January 2019

Crude Oil Breaks Out of Downward Trend Following Oversold Reading

Efforts by OPEC and its allies to stabilize the energy market may generate a larger correction in crude as oil prices break out of the downward trend from late-2018.


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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...