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Forex Market Reviews

21 February 2017

Media reviews

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Dollar rises above ¥113.50 in Tokyo trading (news: 21/02/17)

The dollar rose above ¥113.50 in Tokyo on Tuesday, lifted by higher stock prices and speculation over an early interest rate increase in the United States.
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Market sessions

Gabriel Ojimadu

EUR/USD: expecting a slide to the 112th degree

Trading on the euro on Monday closed slightly up (+4 points). During trading in Europe, buyers were unable to renew the Asian maximum of 1.0633. Following the EUR/GBP cross's fall, and yesterday's national holiday in the US, the EUR/USD rate spent the day within a 30-point range, from 1.0603 to 1.0633.
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20 February 2017

Media reviews

## pham

Dollar sticks to tight ranges, but drifts lower against British pound (news: 20/02/17)

The U.S. dollar stuck to mostly tight ranges in holiday-thinned trading on Monday, but moved lower against the British pound as investors focused on a Brexit debate in the country’s House of Lords.
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Market sessions

Gabriel Ojimadu

EUR/USD: Monday against Friday

On Friday, trading on the dollar closed down. The euro fell against the dollar as traders closed their long positions in anticipation of the long weekend. Euro-bulls didn't even react to the fall in US bond yields. By the end of the day, 10-year bonds had fallen by 1.22%, to 2.420%. By the end of the session, the euro had fallen to 1.0604.
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