Tuesday, 23 April 2019

Crude Oil Extends Gains, Iran Threatens to Close Major Oil Chokepoint

Yesterday saw a somewhat surprising announcement by the US to end all waivers on imports of Iranian oil, which in turn saw crude oil futures surge to fresh 6-month highs.


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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...