Oil surged after OPEC meeting
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
GOLD: approaching $1,800!
Gold price broke $1,760 recently and is establishing itself now at these levels. The increased velocity and steeper curve of the bullish trajectory indicate that a further rise in this manner may take place up to the level of $1,780 putting finally beating the 2012 highs, but a further push will need more momentum. For this reason, we may expect bulls to keep pushing and make another $15-20 "in one strike", but then the price will likely stop to have a break. Reaching $1,800 is fundamentally inevitable and is nearing quite fast, but there will be few steps on the way to it still. Don't miss the train!
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Read the daily report to get the full market wrap!
The ECB Interest Rate Decision: insights for the euro
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
Will the BOC provide a boost for the CAD?
The Bank of Canada (BOC) will publish the rate statement and the update on the interest rate on April 21, at 17:00 MT time.
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