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Sterling bulls lean on false lifeline

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Stock markets staged a miraculous rebound during trading on Tuesday following the abrupt appreciation in oil prices that renewed risk appetite and boosted some confidence towards the global economy. Asian equities were injected with vigour, with major stocks in Asia venturing into the green territory as the resurgence of risk appetite somewhat weakened demand for the safehaven Japanese Yen. In Europe, losses were clawed back as investors pondered on the likelihood of a potential OPEC freeze

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