Tuesday, 12 May 2020

Crude Oil Prices Take Back Losses Despite Second Wave Covid Worries

The crude oil market is slightly torn between fears that the spread of coronavirus will crimp demand for longer than had been thought and suspicions that output will be cut still further.

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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...