US Dollar showing signs of recovery against the euro

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The Day So Far Strong bounce in equities this morning led by crude, which enjoyed a $1.5 dollar rebound after briefly breaking below the $35 handle. This move was sparked partly by speculation that OPEC were set to have an emergency meeting to discuss the plunge in Brent crude below $37 and also by the fact that it had hit its lowest level since 2008, including a fall of almost 20% in December alone. While the supply situation remains bleak for the bulls in the short to medium term, a rally

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