Wednesday, 1 July 2020

Crude Oil Prices May Fall as FOMC Minutes Help Form Double Top

Crude oil prices may turn lower if June’s FOMC meeting minutes deflate hopes for near-term stimulus expansion, helping to validate a bearish double top chart pattern.

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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...