FTSE 100 tumbles on weaker oil

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Investors have been dumping equities and other risky assets this morning ahead of the long weekend, although safe-haven gold has yet to shine as we go to press. This is in part because of the still-strong US dollar which has regained its poise after some hawkish commentary from the Federal Reserve. Once again oil has been the main culprit behind this latest sell-off in the equity markets after the official US crude stockpiles report showed inventories there continued to rise relentlessly for

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