Tuesday, 5 October 2021

Market Sentiment Webinar: Surging Crude Oil Price Hits Stocks Ahead of NFPs

Trader confidence has taken a battering from fears that higher commodity prices will harm global growth and increase inflation, leading to lower stock prices and demand for safe havens like USD.

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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...