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Forex market reviews

10 January 2018

Media reviews

Tina Pham

Dollar suffers big drop after report China may halt bond buys (news: 10/01/18)

LONDON (Reuters) - The U.S. dollar slumped on Wednesday after a report that China was ready to slow or halt its U.S. treasury purchases, with the greenback posting its biggest single-day drop against the Japanese yen in nearly eight months.
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Market sessions

Gabriel Ojimadu

EURUSD: expect 1.19 to be tested

Trading on the euro/dollar pair has closed down for the 3rd day in a row. This downwards correction comes to 173 pips. The euro has come under pressure after news from Japan (via the EURJPY cross), growth in US bond yields, as well as some technical factors.
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09 January 2018

Media reviews

Tina Pham

Euro zone unemployment falls to nine-year low as economy powers ahead (news: 09/01/18)

BRUSSELS (Reuters) - Euro zone unemployment fell to a new nine-year low in November thanks to strong economic growth, data showed on Tuesday, but the jobless rates differ widely across the single currency bloc.
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Market sessions

Tomasz Wisniewski

Daily analytical report (09/01/18)

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USD is looking up for now, although this isn't expected to last. To shed some light on the bigger picture concerning the dollar, today we'll be looking at the EURUSD and GBPUSD pairs, as well as the US dollar index.
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Market sessions

Gabriel Ojimadu

EURUSD: euro gets a foothold beneath 1.20

On Monday the 8th of January, trading on the euro/dollar pair closed down. The euro dropped to the 1.1956 mark. Sellers came out to play as the European session opened and managed to bring the price back down below 1.20 by closing time.
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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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