Friday, 9 October 2020

Crude Oil Trims Recent Gains as Market Flashes Overbought Warning

Brent crude has rallied nearly 10% this week (low to high) on a potent double of supply concerns and growing demand expectations.

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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...