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Jun 6, 2024
Oil pares losses after steep correction amidst unhappy OPEC+
Oil prices are in repair mode on Thursday after a near 10% decline in just five trading days. The sharp downside move came after the OPEC+ meeting did not hold any measure to further support prices at or around $80.00. With markets disappointed,
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Jun 6, 2024
US Dollar eases slightly ahead of weekly Jobless Claims
The US Dollar (USD) edges lower on Thursday as markets brace for the European Central Bank (ECB) policy decision. The ECB is set to make its first rate cut after its hiking cycle started post-pandemic to tame inflation, with traders looking for clues on
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