Thursday, 18 February 2021

Crude Oil and Gold Prices Drop into the Weekend, Setting Course for Deeper Losses?

Crude oil prices fell on bets of Texas restoring production as the US opened the door to returning to the 2015 Iran Nuclear Deal. Gold is also weakening, facing its lowest since June.

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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...