Wednesday, 25 August 2021

Oil Extends Bullish Price Action as US Inventories Fall for Third Week

The price of oil extends the recent series of higher highs and lows as US inventories contract for the third consecutive week.

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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...