Tuesday, 14 May 2019

Crude Oil Prices Surge on Saudi Pipeline Attacks, GBPUSD Underperforms - US Market Open

Rising geopolitical premium has underpinned oil prices with Brent crude futures rising over 1.3% to test $71/bbl. Euro Drops as Salvini signals that it could break EU budget rules.


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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...