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The oil slide brought back the pressure on the global equities markets

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    With the oil prices slide again, The US major stocks indexes came under increased downside pressure yesterday, after it had been tempered by The Fed's Vice President Stanley Fischer's comments that it is too difficult to gauge the impact on the U.S. economy from the recent turmoil in financial markets and the uncertainty over China. The risk aversion could bring USDJPY back below 120, after it had been boosted to reach 121.67 by BOJ's surprising decision to lower the interest rate to -0.1% to

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