Forex in April: oil is leading currencies into battle

Will oil prices increase and the S&P 500 consolidate? 

It seems useless no sense to employ statistics in the period of market shocks and recessions. Even 7% and 10% rally of the US dollar versus the euro and the Japanese yen in the middle of March proves the opposite. Yes, in early spring, I recommended considering sell trades on the EUR/USD and buy trades on the USD/JPY amid a potential stabilization of the US stock market, but things turned out the other way. The greenback was strengthening, despite the crash of the S&P 500, but as soon as the US stock market stabilized, the dollar…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>