EUR/USD Forecast: bullish as oil plummets below $30.00

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The EUR/USD pair trades within range, with the common currency meeting some demand with the London opening bell, and the pair aiming to advance above the 1.0900 figure. The positive tone comes from renewed risk aversion, given that oil is breaking through $30.00 a barrel, dragging commodity currencies to fresh multi-year lows. Despite there are several macro releases in the US that usually move the market, including Retail Sales and the PPI Index for December, market will likely

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