FX Options Lowdown: Oil glut liquifies the landscape

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Price of oil the key factor driving global sentiment this year Crude prices, equity indices remain highly correlated Further fall in oil prices could see USDRUB vols spike More in the pipeline: Crude oil prices have been the key driver of global sentiment in 2016, and the situation does not appear likely to let up anytime soon. By Ben Ridgeway The price of oil has arguably been driving markets more forcefully than any other factor so far in 2016. WTI crude futures hit a low of $28.35/barrel on

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