Tuesday, 30 January 2024

Oil Prices Pullback Sharply after Oil Tanker Strike, Caution Grows

Over the weekend Houthis struck an oil tanker passing through the Red Sea, putting an end to a string of harsh weather induced price rises stemming from 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...