Monday, 31 August 2020

Crude Oil Prices May Struggle Despite US Output Plunge

Crude oil prices may struggle to build higher even as data shows US output plunging as lackluster demand struggles to work through still-bloated inventories.

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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...