Thursday, 8 June 2023

Crude Oil Price Bounces Around but is Unable to Break the Range Where to for WTI?

Crude oil prices regained traction going into Friday after testing the downside overnight as potentially more supply coming online before USD tanked. Will the range break for WTI?

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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...