Thursday, 23 February 2023

Crude Oil Update: Anticipated EIA Stock Build Favors Current Trading Range

Stock builds in the US and a stronger dollar may be offset by production cuts in Russia and the China reopening effect. However, rising rates raise concern over demand

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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...