The euro is calm on Wednesday after an impressive 3-day rally which saw EUR/USD jump 1.4%. Will the upswing continue? In the European session, EUR/USD is trading at 1.1220 at the time of writing, down 0.08% on the day. ECB likely to lower rates in September despite stubborn inflation The European Central Bank took the […]
WTI oil price is holding within a narrow consolidation in early Monday, following sharp acceleration lower on Friday (down 2.8% for the day) and weekly loss of 4.3% (the biggest weekly drop since the last week of April. Oil closed below $80 on Friday, for the first time in five weeks, with near-term action being […]
The post WTI Oil Outlook: Bears Taking a Breather After 4.3% Weekly Drop appeared first on Action Forex.
Share
