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Crude oil hit 13-year low, BCB back in the game?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events BCB on its path to hike rates (by Arnaud Masset) Over the past few weeks emerging market currencies underwent strong selling pressures as risk-off sentiment spread across financial markets. For most of them the situation will likely remain tense in the near future but should improve quickly as fears ease. In Brazil, the real moved back above the 4.00 threshold and stabilised within the 4.00 and 4.07 over the last couple of weeks. Even though we believe the current

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