Friday, 27 August 2021

Crude Oil Bullish Momentum Fizzles Out as Covid-19 Risks Increase

Oil has had a stellar performance this week as a production outage in Mexico reduces supply, but demand may also be faltering as Covid-19 continues to spread

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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...