Thursday, 19 March 2020

Crude Oil on Pace for Worst Monthly Decline in its History

Crude oil plummeted to its lowest level since 2002 on Wednesday before bouncing off the $20 mark alongside a modest gain in stocks. Still, the commodity is vulnerable.

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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...