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Forex market reviews

25 April 2018

Media reviews

Tina Pham

Tina Pham

Firm bond yields push dollar to 4-month high; euro struggles (news: 25/04/18)

LONDON (Reuters) - The dollar hit a four-month high on Wednesday after a rise in benchmark U.S. Treasury yields above 3 percent rattled some currency bears and led investors to consider whether the greenback was breaking out of a prolonged weak spell.
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Market sessions

Gabriel Ojimadu

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EURUSD: drop to the 45th degree likely

On Tuesday the 24th of April, trading on the euro closed up, breaking its 3-day losing streak. The main factor behind the euro’s rise was the US dollar’s universal decline. As the market underwent a technical correction, participants ignored the positive US housing and consumer confidence data. The euro then corrected to the 45th degree at 1.2245.
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24 April 2018

Media reviews

Tina Pham

Tina Pham

Treasury 10-Year Yield Tops 3% for First Time Since January 2014 (news: 24/04/18)

The 10-year U.S. Treasury yield rose above 3 percent for the first time since January 2014, snapping out of a months-long trading range amid an onslaught of supply and a Federal Reserve intent on boosting interest rates.
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Market sessions

Gabriel Ojimadu

## ojimadu name

EURUSD: buyers trying to build on the upwards correction

On Monday the 23rd of April, trading on the US dollar closed up. After weak manufacturing data from the Eurozone, as well as a rise in US10Y bond yields providing support to the dollar, the single currency dropped from 1.2289 to 1.2185.
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