Monday, 24 August 2020

Crude Oil Prices May Rise But Trump, Powell Speeches May Cap Gains

Crude oil prices seem to be supported by an upswell in market-wide risk appetite but pivotal speeches from Donald Trump and Jerome Powell may emerge as headwinds.

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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...