Monday, 24 May 2021

Crude Oil Outlook: Breakout Ready or Will Iran Risk Weigh?

Crude oil price action spiked nearly 4% higher on Monday to test the upper end of its recent range. Is the commodity gearing up for a breakout or will Iran nuclear deal and covid risks hinder gains?

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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...