Monday, 17 August 2020

Crude Oil Prices Hold Up Despite OPEC+ Output Rise, Demand Drop

Crude oil prices have managed to hold up despite the unwinding of OPEC+ output curbs and a demand outlook darkened by the Covid-19 pandemic.

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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...