Thursday, 17 March 2022

Oil Price Forecast: Crude Recovers Ahead of 50-Day SMA

The price of oil may stage a larger rebound over the coming days as it reverses ahead of the 50-Day SMA ($92.88).

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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...