Tuesday, 19 April 2022

Crude Oil Price Tumbles on IMF Outlook Concerns of War, Lockdowns and Fed Tightening

Crude oil lost ground in the aftermath of the IMF downgrading global growth on the back off the Ukraine war, Chinese lockdowns and inflation fighting central banks.

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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...