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Forex market reviews

05 February 2018

Media reviews

Tina Pham

Bitcoin Price Drops Below $8K to Hit 2-Month Low (news: 05/02/18)

As cryptocurrencies across the board once again take a hit, bitcoin is exploring the downside below $8,000.
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Market sessions

Gabriel Ojimadu

EURUSD: continued bearish sentiment on the hourly timeframe

On Friday the 2nd of February, trading on the euro/dollar pair closed down. The publication of employment data in the US brought about a sharp decline on the euro. The number of new jobs added exceeded expectations, while the previous figure was revised upwards.
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31 January 2018

Market sessions

Gabriel Ojimadu

EURUSD: dollar declining along with US10Y

On Wednesday the 31st of January, trading on the euro/dollar pair closed slightly up, leaving both a long wick and a long tail on the candlestick. The euro initially dropped to 1.2337 at the beginning of the European session. Prices then recovered from there to 1.2453 (+116 pips) on the back of declining US bond yields.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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