Thursday, 21 January 2021

Oil Price Outlook Supported by Forecasts for Lower US Crude Inventory

Fresh data prints coming out of the US may influence the price of oil as crude inventories are projected to contract for the sixth consecutive week.

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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...