Forex Technical & Market Analysis FXCC Mar 06 2013

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[b]Forex Technical & Market Analysis FXCC Mar 06 2013

Keep an eye on the oil market after Chavez's death

FXstreet.com (Barcelona) - Following the breaking news of Venezuela's president Hugo Chavez death, which has no direct impact on the currency market, traders should, nevertheless, keep an eye on the Oil market, as it may produce some volatility. Venezuelan Vice President Mr. Maduro is expected to win the elections and become Chavez's successor. There was some incendiary comments from Maduro after the announcement of Chavez's death, which Reuters reports: