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Forex market reviews

08 December 2017

Media reviews

Tina Pham

Strong U.S. job growth, rebound in wages bolster economy's outlook (news: 08/12/17)

WASHINGTON (Reuters) - U.S. job growth increased at a strong clip in November and wages rebounded, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing.
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Market sessions

Tomasz Wisniewski

Daily analytical report (08/12/17)

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After a mid-term downwards correction on the DAX, it's starting to look up. The USD is looking strong ahead of the NFP report and we're seeing a bullish surge on the USDCHF pair.
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Market sessions

Gabriel Ojimadu

EURUSD: euro falling under pressure from the crosses

On Thursday the 7th of December, trading on the euro/dollar pair closed down. The euro hit a low of 1.1776 on the back of a decline on the euro/pound cross. The GBPUSD pair dropped to the 1.3320 mark before mounting a 165-pip recovery to reach 1.3485. As the pound’s surge gained momentum around 1.3420 level, the declining euro/pound cross dragged the euro down with it against the dollar from 1.1815 to 1.1773 (-42 pips).
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07 December 2017

Media reviews

Tina Pham

Bitcoin surges above $15,000 after climbing $2,000 in 12 hours (news: 07/12/17)

LONDON (Reuters) - Bitcoin rocketed above $15,000 for the first time on Thursday, after adding more than $2,000 to its price in fewer than 12 hours.
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Market sessions

Tomasz Wisniewski

Daily analytical report (07/12/17)

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A continuation of yesterday's video as we take another look at gold, DXY, and AUDUSD.
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Market sessions

Gabriel Ojimadu

EURUSD: buyers edging towards the 135th degree

On Wednesday the 6th of December, trading on the euro/dollar closed down. The greenback made gains against most of the majors after significant progress was made in Congress regarding tax reform. Senate Republicans have agreed to talks with the House of Representatives to discuss the new legislation. Markets expect the two houses to reconcile their respective versions of the bill in the coming days. Meanwhile, markets are also bracing themselves for Friday’s NFP report as well as the upcoming FOMC meeting to be held on the 13th of December.
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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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