Monday, 20 March 2023

Oil Price Update: WTI and Brent Remain Under Pressure as Recessionary Fears Weigh

Oil prices continued their decline in the European session before bouncing ahead of the US open. Given the recessionary fears engulfing markets will we see a sustainable upside push for Oil prices?

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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...