Monday, 13 February 2023

US Crude Oil and USDCAD Push Synched Range Swings Ahead of US CPI

Congestion is a common affliction across the financial markets, but expectations for a CPI volatility punch is high. For crude oil’s and USDCAD’s broad ranges, how much potential is there for this top-level event to force a breakout?

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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...