Tuesday, 17 August 2021

Crude Oil Outlook: Bulls & Bears Clashing at Key Support

Crude oil price action remains downtrodden with bears driving the commodity -1% lower to challenge critical support once more. Can bulls stage another defense despite slowing global growth?

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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...