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Can the ECB get EUR/USD traders invited to the global volatility party?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Global markets are once again in turmoil today as the rout in oil prices is extending further today. West Texas Intermediate (WTI) is trading lower by over 4% today, briefly breaking below the 28.00 handle to trade at a new 12-year low. The precipitous drop in oil reinvigorated the big risk-off move we saw in the first two weeks of the trading year, and the widely-watched Dow Jones Industrial Average of US megacap companies was trading lower by over 400 points at one point during the lunch

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