Oil bulls are fighting to stay above 100-period SMA at $83/bbl.
Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expected draw from US crude inventories.
This Week: GBPUSD consolidates ahead of US and UK CPI releases
Inflation is currently the most important data that will inform the Federal Reserve (Fed) and the Bank of England (BOE) about their respective interest rate adjustments.
Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expecte...
Inflation is currently the most important data that will inform the Federal Reserve (Fed) and the Bank of England (BOE) about their respective interes...
S&P 500 bulls are trying to stay in the green zone despite the higher-than-expected inflation reading...
S&P500 SPX500_m inflation CPI
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