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EUR/USD: oil bottoms, currencies reverse course

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0796 View Live Chart for the EUR/USD Market's reversed course on Friday, as crude oil prices recovered sharply from sub $30.00 a barrel, the lowest in 12 years, to close the week above $32.00 after flirting with $26.00 a barrel earlier in the week. The movement came one day after the ECB's announced is willing to add more stimulus in the Euro area, and that they will review their economic policy as soon as next March. The American dollar surged against most of

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