Thursday, 11 November 2021

Oil Price Susceptible to Larger Pullback on Failed Test of October High

Failure to test the October high ($85.41) may generate a larger pullback in the price of oil as it struggles to retain the advance from the November low ($78.25).

from DailyFX - Market News https://ift.tt/31LZlM5
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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...