Tuesday, 16 June 2020

Crude Oil Price Rise Capped By Fed's Powell, Chart Warns of Topping

Crude oil prices backtracked as Fed Chair Jerome Powell cooled hopes for a near-term expansion of the US central bank’s stimulus menu. More of the same may be ahead.

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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...