Tuesday, 14 April 2020

Oil Forecast: OPEC+ Deal Dwarfed by Crude Oil Demand Woes

Crude oil price action is flirting with a breakdown below $20.00 again even though OPEC and its allies just inked a monumental supply cut deal. Will oil continue to fall as demand woes linger?

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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...