Thursday, 24 June 2021

Crude Oil Prices at Risk as Chart Setup Hints at Fading Momentum

Crude oil prices may turn lower as technical positioning warns that upside momentum may be fading. May’s US PCE report is focus as Fed policy speculation continues to swirl.

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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...