Wednesday, 9 August 2023

Oil Testing Fresh Multi-Month Highs, EIA Crude Oil Data

The price of oil is touching fresh multi-month highs as markets continue to price in a soft landing in the US.

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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...