Thursday, 17 September 2020

Crude Oil Price Climbs to Test 50-DMA in Wake of OPEC+ Update

Crude oil price action advances for the third day straight, extending weekly gains to nearly 10% amid an expected OPEC+ update, but the commodity faces resistance posed by a key moving average.

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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...