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Forex Market Reviews

16 March 2017

Media reviews

## pham

Interest rates stay on hold but rising inflation breaks the consensus at the Bank of England (news: 16/03/17)

Interest rates are to stay on hold again as the Bank of England’s monetary policy committee (MPC) voted to keep the base rate at 0.25pc.
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Market sessions

Gabriel Ojimadu

EUR/USD: correction to the 45th degree likely

The euro made some significant gains during Wednesday's trading. From a low of 1.0607, the euro appreciated against the US dollar by 133 pips up to 1.0740.
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15 March 2017

Market sessions

## wisniewski

Daily analytical report (15/03/17)

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EURUSD, Brent oil, DAX
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Market sessions

Gabriel Ojimadu

EUR/USD: the euro has stabilised around 1.0600

On Tuesday, trading on the euro closed in negative territory. The price corrected by around 61.8% after a rally from 1.0525 to 1.0714. During the US session, the euro weakened against the dollar to 1.0600. The EUR/USD broke the support at 1.0628 as the euro index slid (euro sales on the crosses) and US 10Y bond yields rose slightly.
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Alexander Razuvaev

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Gabriel Ojimadu

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