Wednesday, 17 March 2021

Oil Extends Bearish Price Series as US Stockpiles Rise for Fourth Week

The price of oil extends the series of lower highs and lows from earlier this week as US crude inventories widen for the fourth 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...