Oil futures ended on a mixed note Thursday, with the November U.S. benchmark contract ending higher on its expiration day, but the December contract little changed. Oil found some support from reports that China is looking to cut the duration of quarantine for inbound visitors, “in a sign that perhaps the government might be looking to try and mitigate some of the worst effects of its zero-COVID policy,” said Michael Hewson, chief market analyst at CMC Markets UK. “The reality is it’s unlikely to make much difference given that as the weather gets colder, COVID infection rates are only likely to increase, making this tinkering pretty much irrelevant.” U.S. benchmark West Texas Intermediate crude for November delivery CLX22,
EURUSD: high amplitude of fluctuations and fast movements
The EURUSD pair reacts strongly to the Federal Reserve decision, with the euro attempting to build up upward momentum. Discover more in our analysis for