Wednesday, 29 July 2020

Crude Oil Prices May Fall if the Fed Dithers on Stimulus Boost

Crude oil prices may fall if the Fed FOMC committee dithers on signaling a further stimulus boost, souring sentiment market-wide. Gold prices may likewise weaken.

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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...