Turkish Lira tumbled; Oil Prices Plunged after OPEC; Dollar Recovered

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The euro and greenback rose versus the majors as the market continues to digest the fresh ECB measures taken to stimulus the economy and the better than expected Non-Farm Payrolls report. Moreover, the US dollar rose versus the majors on the fall of the oil prices to a six-year low following the OPEC change.The Organization of Petroleum Exporting Countries (OPEC) will stop limiting the output to 30 million barrels a day in order to control prices and are planning to pump around 31.5 million

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