European Market Update: Oil Remains The Dominant Theme As Prices Fall Back Below $30/Barrel

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Risk aversion theme again reared its influence in the early in thesession as oil fell back below $30 and this provided another round of flows into the carry-related FX pairs. The EUR/USD tested 1.0874 while USD/JPY fell to 117.65 before consolidating their moves. Oil was off its worst levels as[​IMG]

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