Wednesday, 5 February 2020

Crude Oil Price Decline Stalls at Support as OPEC Discusses Production Cuts

Crude oil trades near bear market territory after falling nearly 20% from a recent high. With the demand outlook muddied, crude may struggle to reclaim lost ground.

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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...