Wednesday, 6 November 2019

Brazillian Real Sinks as Oil Rights Flop Flags Trade War Pain

Brazil held what was mean to be a transformative auction of offshore crude oil drilling rights this week. It fell flat. The global trade war may be to blame.

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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...