Thursday, 7 January 2021

Oil Price Approaches February 2020 High Following OPEC Meeting

The price of oil approach the February 2020 high ($54.66) following the OPEC meeting as US crude output remains at its lowest level since 2018.

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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...