Wednesday, 30 September 2020

Crude Oil Price Forecast: Boosted by Weaker USD, Falling Stockpiles

WTI crude oil prices climbed on stimulus hopes and a bigger-than-expected fall in DOE stockpiles. An immediate resistance level can be found at US$ 40.4 – the 100-Day SMA

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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...