Wednesday, 18 January 2023

Crude Oil Testing Multi-Week Resistance on Positive Chinese Outlook

Oil rallies into an old level of resistance and looks set to press higher after this week’s positive Chinese growth data fuels sentiment.

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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...