Wednesday, 23 October 2019

Oil Price Breaks Out as US Crude Inventories Unexpectedly Contract

The price of oil breaks out of the range-bound price action from earlier this month amid an unexpected decline in US crude inventories.

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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...