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Forex market reviews

13 December 2018

Market sessions

## anthony

EURUSD: markets await Mario Draghi’s press conference

On Wednesday the 12th of December, trading on the euro closed up. Its rise was brought about by news from Italy as well as the strengthening of the pound. The Italian government is willing to agree to a budget deficit target of 2%, while Theresa May won a vote of no confidence among Conservative MPs. The euro rose to 1.1387 and is currently undergoing a correction.
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12 December 2018

Media reviews

Tina Pham

Stocks - Wall Street Rises on Trade Optimism (news: 12/12/18)

Investing.com – Wall Street was higher on Wednesday, with market sentiment boosted on hopes that the U.S. and China will strike a trade deal soon.
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Market sessions

## anthony

EURUSD: rebound from the trend line likely

On Tuesday the 11th of December, trading on the EURUSD pair closed down. The single currency’s slide against the greenback was facilitated by a broadly stronger dollar, a statement from Italian Finance Minister Giovanni Tria, and a drop in German 10-year bond yields ahead of the ECB meeting.
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