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Strategic Currency Briefing

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Outlook: Yesterday we said we are mightily impressed by the Saudis apparently going ahead with an initiative to freeze oil prices even without participation by Iran or Libya. The head of the IEA’s oil division, one Mr. Atkinson, told the press any such deal is "meaningless" because only Saudi Arabia, of the participants, has the ability to raise production. “It's more some kind of gesture which perhaps is aimed ... to build confidence that there will be stability in oil prices." Our pals in

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