Thursday, 15 April 2021

Crude Oil Price Outlook: Aiming for February Peak Ahead of US Retail Sales

WTI crude oil gained on Wednesday despite weakness on Wall Street, underpinned by a larger-than-expected EIA inventory drawdown. Oil may be setting up to revisit February peaks.

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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...