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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/CAD opened at 1.2950 last night, up roughly 130 pips from Friday's close, after the OPEC meeting in Doha disappointed. WTI Oil fell around 6 % on the open and traded briefly below $37. It has now recovered slightly and is back above $38, but could fall back towards $30 this week as fundamentals remain bearish.[​IMG]

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