Wednesday, 6 July 2022

Crude Oil Price Under the Pump on Wild Swings and US Dollar Strength. Where to for WTI?

Crude oil has continued to slide after Fed meeting minutes pushed Treasury yields higher, boosting fears of recession. Will WTI find a base?

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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...