Monday, 20 June 2022

Crude Oil Halts Slide as Risk Assets get Amnesty on Biden’s Assessment. Higher WTI?

Crude oil enjoyed some respite today after risk assets found some support after recent turmoil. Is this simply a reprieve or pause in the uptrend for WTI?

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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...