Tuesday, 21 June 2022

Crude Oil Price Tanks as Recession Fears Grow Ahead of Fed Chair Powell’s Testimony

Crude oil gave up more ground today as risk aversion permeated markets ahead of Powell's testimony before Congress later today. Will WTI break lower?

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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...