Friday, 9 December 2022

Crude Oil Forecast: Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds

Brent crude oil looks to further clarity around supply and demand factors while the USD looks to push higher ahead of FOMC next week.

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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...