Wednesday, 26 August 2020

Crude Oil Prices May Struggle to Extend Rise on Hurricane Jitters

Crude oil prices rose as Hurricane Laura menaced the US Gulf Coast but progress may stall as all eyes turn to Thursday’s speeches from Fed Chair Powell and US President Trump.

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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...