Monday, 23 May 2022

Crude Oil Bumps Up as US Dollar Sinks on Yield Slip Ahead of Quad Meetings in Tokyo

Crude oil rose as the US Dollar gave up some ground today but still remains at elevated levels as a Quad meeting get under way. Will the USD ascending trend resume?

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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...