Thursday, 4 November 2021

Crude Oil Tanks Ahead of OPEC+ and Against Upbeat Tone Post FOMC. Can WTI Get a Grip?

Oil prices went lower today as stockpiles in the US were higher than anticipated and possible supply from Iran soothed markets. Will crude hold lofty levels?

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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...