Wednesday, 9 September 2020

Crude Oil Prices Down to 3-Month Low on Fed Policy, Seasonal Turn

Crude oil prices have dropped to the lowest level in three months after the Fed adopted a more hands-off policy stance just as markets transitioned out of the ‘summer lull’.

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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...