Wednesday, 17 July 2019

Oil Price Weakness to Persist Amid Signs of Slowing Consumption

Oil prices stand at risk of exhibiting a more bearish behavior over the days ahead as fresh updates coming out of the US indicate slowing consumption.


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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...