Friday, 7 June 2019

Crude Oil Price Probes One-Week High as Sellers Step Back

Crude oil’s reversal continues in muted trade and has just touched a new one-week high. Bearish momentum has abated for now, taking oil out of heavily oversold territory.


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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...