Monday, 16 March 2020

Crude Oil Price Climbs off the Lows but Recovery Remains Unlikely

Crude oil moved off the lows on Monday as the United States looks to purchase large quantities of the commodity for storage in the country’s strategic reserve, but a larger recovery is unlikely.

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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...