Friday, 3 June 2022

Weekly Crude Oil Forecast: OPEC+ Supply, U.S. Dollar and Economic Data in Focus

Crude oil has managed to end the week on high leaving next week open to fundamental forces from both supply and demand-side factors and a resurgent USD.

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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...