Wednesday, 16 June 2021

Crude Oil Prices Pull Back as USD Gains, But Uptrend Remains Intact

Crude oil prices retreated from recent highs as the Fed’s hawkish signals propelled the US Dollar, weighing on commodity prices. The demand outlook remains bright after inventories fell the most in...

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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...