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Forex market reviews

11 December 2017

Media reviews

Tina Pham

Hotly anticipated bitcoin futures ease off after 22 percent surge (news: 11/12/17)

NEW YORK/SYDNEY/LONDON (Reuters) - Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use.
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Market sessions

Gabriel Ojimadu

EURUSD: rebound from the 45th degree expected

On Friday the 8th of December, trading on the euro/dollar pair closed slightly down. The euro dropped to 1.1730 ahead of the payrolls report, recovering to 1.1772 after its publication.
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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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Alexander Razuvaev
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