Tuesday, 11 January 2022

Crude Oil Prices at Risk on Powell Hearing, Waning Demand Cues

Crude oil prices are at risk of deeper losses. Fed Chair Powell may strike a hawkish tone at a Senate confirmation hearing while data warns of ebbing demand.

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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...