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Brent: decline continues

October 26, 2015 by Forex News, LiteForex company News, Forex Analitics

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Forex analytics: Current trend
Last week, the price of Brent crude oil continued declining and reached new local lows of the month. The price is being pushed down by a growth of the USD, which gains support from macroeconomic indicators and statements of the US officials, which reiterate hopes of a rate increase before year-end.
At the forthcoming Fed meeting, due this week, the Regulator may give some hints, …



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