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Forex market reviews

13 February 2018

Media reviews

Tina Pham

Tina Pham

UK inflation sticks at nearly six-year high in January (news: 13/02/18)

LONDON (Reuters) - British inflation unexpectedly held close to its highest level in nearly six years in January, highlighting the challenge facing the Bank of England and reinforcing expectations of a rise in interest rates in May.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (13/02/18)

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With a weaker USD, today we're looking at gold's upward dynamic. Also in focus today is the SP500, which is still recovering from the global stock turmoil of last week. With the cryptocurrency market also having recently experienced a significant downturn, we take a look at bitcoin, which looks like it could finally be on the mend, although the overall sentiment remains negative.
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Market sessions

Veselin Petkov

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Forex market review (13/02/18)

Today, as trading in Europe is soon to get underway; the single currency is trading at 1.2308 against the greenback, marking a modest rise of 0.16%. In the wake of these small gains, the US dollar index has slipped by 0.13% to trade at 89.89. The euro has been slowly rising against the dollar since it rebounded yesterday from the 1.2240.
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12 February 2018

Media reviews

Tina Pham

Tina Pham

Britain to add Nigeria's naira to list of accepted trade currencies (news: 12/02/18)

LAGOS (Reuters) - Britain’s export finance agency will add the naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency.
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Market sessions

Gabriel Ojimadu

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Forex market review (12/02/18)

Today, on the 12th of February, the US dollar on the whole is trading slightly down in the Asian session compared to Friday’s closing prices. The US dollar index (DXY) is currently trading around the 90.04 mark (-0.22%), while the EURUSD pair is trading at 1.2287 (+0.30%). This minor decline for the dollar is the result of a rebound on the EURUSD pair from the 1.2240 support.
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