EUR/USD is at a standstill so far. Brent Crude Oil went down by $0.50

January 14, 2014

Yesterday the world’s financial markets closed mixed. As such, in Europe, the British FTSE 100 grew 0.26 percent up to 6,757.15 points, the German DAX 30 gained 0.39 percent going up to 9,510.17 points, and the French CAC 40 advanced 0.30 percent up to 4,263.27 points.

In Russia, the MICEX index grew 0.57 percent up to 1,477.56 points and the RTS index – 0.42 percent up to 1,401.82 points.

In the United States, the Dow Jones fell 1.09 percent down to 16,257.94 points, the NASDAQ slumped 1.47 percent down to 4,113.30 points, and the S&P 500 shed 1.26 percent down to 1,819.20 points.

Yesterday the price of February futures for the North Sea petroleum mix of mark Brent Crude Oil went down by $0.50, to $106.75 a barrel while the price of February futures for light WTI oil fell by $0.92, down to $91.80 a barrel.

On the Forex market, EUR/USD is at a standstill so far. However, the fact that yesterday the pair closed above the short-term MA may mean the pair will go up further.    

Anna Gorenkova, NordFX Analyst

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