Friday, 8 May 2020

Crude Oil Prices Up Despite Catastrophic US Labor Data Expectations

The energy market seems to have made its peace with what are likely to be some of the very worst US employment numbers on record. Hopes for gradual lockdown repeals have kept prices up.

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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...