Tuesday, 19 May 2020

Crude Oil Prices Gain Further On Signs of US Demand Recovery

Crude oil prices have held up thanks to news of a US inventory drawdown, signs of increased refinery runs and the expiry of June’s futures contract well in positive territory.

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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...