Friday, 26 November 2021

Crude Oil Price Plummets as New Variant Triggers Risk-Off Sentiment

Friday prompted a market wide selloff as COVID-19 worries deepened. Crude oil prices fell as demand prospects dulled, while SPR releases compounded the problem.

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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...