Friday, 13 November 2020

Crude Oil Prices Struggle on Covid Upswell, US Fiscal Deadlock

Crude oil prices are struggling amid an upswell in Covid-19 cases and the ongoing deadlock in US fiscal stimulus talks. Losses may be capped near-term however.

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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...