Thursday, 20 May 2021

Crude Oil Price Drop May Continue on Inflation Impact Fears

Crude oil prices may continue to fall amid growing concerns about a sticky inflationary upshift that forces the Fed to pull back on stimulus sooner than expected.

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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...