Tuesday, 3 October 2023

Oil Price Outlook: Brent Crude, WTI Take a Breather as USD Surges

Oil prices pulled back from the yearly high, testing levels around the prior swing low. Will storage data reveal further drawdowns, potentially eyeing a bullish continuation?

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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...