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Markets unlikely to see event risk ahead from ECB and Fed meeting – ADM

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Hollywood calls and doom mongers were caught on the wrong side as oil made a sharp recovery following a gap down opening on Monday resulting in multi-week range breakouts in commodity currencies and rally in risk assets. Marc Ostwald, Strategist for ADM Investor Services, while speaking to Tip TV, said that Doha was going to be a bit of a red-herring, adding further that April is usually the best month for the equity markets along with December. However, Ostwald cautioned that the rally in

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