Wednesday, 5 May 2021

Crude Oil Price Outlook: WTI Peels Back from Year-to-Date Highs

Crude oil price action is struggling to take out technical resistance near the $66.00-handle as India, the world's third largest oil importer, grapples with a worsening covid-19 outbreak.

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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...