Tuesday, 2 February 2021

Oil Price Rally Triggers Overbought RSI Signal Ahead of OPEC Meeting

The OPEC Joint Ministerial Monitoring Committee (JMMC) meeting may lead to higher oil prices as the group and its allies “stand ready to take any necessary actions.”

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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...