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Forex market reviews

29 March 2018

Media reviews

Tina Pham

Tina Pham

U.S. consumer spending up slightly; jobless claims at 45-year low (news: 29/03/18)

WASHINGTON (Reuters) - U.S. consumer spending rose marginally for a second straight month in February as households boosted savings, the latest indication that the economy lost momentum in the first quarter.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (29/03/18)

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All currency pairs today as we look at the situation on the Cable (GBPUSD), EURCAD, and EURUSD.
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Market sessions

Gabriel Ojimadu

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EURUSD: renewed sales expected after an upwards correction

On Wednesday the 28th of March, trading on the EURUSD pair closed down. The euro dropped from 1.2422 to 1.2300 (-122 pips). It looks like some stop levels were triggered as we went below 1.2370 and a new wave of euro sales commenced.
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28 March 2018

Media reviews

Tina Pham

Tina Pham

China says North Korea's Kim pledged commitment to denuclearization (news: 28/03/18)

BEIJING/SEOUL (Reuters) - North Korean leader Kim Jong Un pledged his commitment to denuclearization and to meet U.S. officials, China said on Wednesday after his meeting with President Xi Jinping, who promised China would uphold friendship with its isolated neighbor.
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Market sessions

Gabriel Ojimadu

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EURUSD: expecting the downwards correction to intensify to reach 1.2350

On Tuesday the 27th of March, trading on the EURUSD pair closed down. The euro retreated to 1.2373 against a broadly resurgent dollar. This growth for the dollar was largely down to technical factors as well as an easing in tensions over the trade dispute between the US and China.
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