Friday, 10 January 2020

Oil Price Forecast: Crude Searches for Support after Sliding 10%

Crude oil prices spiked to April 2019 highs on the back of elevated geopolitical risk in the Middle East earlier this week, but the commodity has since slid over 10% as tension simmers.

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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...