Tuesday, 26 February 2019

Crude Oil Analysis: Risk of Larger Drop if Trump Mulls Emergency Stockpile Release

Crude oil futures dropped as much as 3% yesterday after President Trump warned OPEC that oil prices are getting too high. Consequently, weakening oil related currencies, including CAD and NOK.


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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...