Tuesday, 11 January 2022

Crude Oil Surges Past $80 Per Barrel as USD/CAD Plummets. EIA Data on Tap

Crude oil prices surged above $80 overnight after Fed Chair Jerome Powell testified before Congress. The Canadian Dollar followed amid a broadly weaker US Dollar. EIA data is eyed.

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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...