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Market reviews

## pham

22 May, 17:27 (GMT+3)Media reviews

The ruling Conservative party in the UK is facing a backlash from both voters and party members following the inclusion in the party’s election manifesto of controversial changes to how social care would be funded for the elderly. The unpopularity of the policy was evident in the latest opinion polls from the weekend which pointed to a significant drop in support for Prime Minister Theresa May’s party.

Gabriel Ojimadu

22 May, 10:00 (GMT+3)Market sessions

After trading on Friday, the Euro closed with some nice growth against the greenback. The price consolidated within a narrow range around 1.1108 during the Asian session. As trading opened in Europe, the rally continued. By the time of the US session, Euro-bulls had returned the rate to 1.1172. New York trading brought it up to 1.212. While political tensions in the US have eased slightly, the general sentiment around the dollar remains the same. Its slide could be triggered by commodity currencies, who have strengthened on the back of rising oil prices.

Gabriel Ojimadu

19 May, 10:03 (GMT+3)Market sessions

Trading on the Euro closed down on Thursday, with a breakout of the trend line ending the 4-day rally. The pair fell to 1.1076 but sellers weren't able to close the day below 1.1082 (the opening price of the candlestick on the 17th of May).

## pham

18 May, 17:26 (GMT+3)Media reviews

LONDON, May 18 The dollar wallowed near six-month lows against a basket of major currencies on Thursday, struggling to recover from its worst losses in almost a year against the yen and the euro as worries over the Trump presidency weigh.

Gabriel Ojimadu

18 May, 09:40 (GMT+3)Market sessions

The Euro/dollar rate has closed up for the 4th day in a row. Speculation over the possibility of Donald Trump getting impeached helped the single currency strengthen to 1.1172. Escalating political tensions in the US have induced a slide in bond yields as well as a mass retreat towards safe haven assets. Investors are currently buying gold, Japanese yen and US bonds.


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