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Forex market reviews

23 November 2017

Media reviews

Tina Pham

Tina Pham

UK faces two decades of no earnings growth, IFS warns (news: 23/11/17)

The UK is in danger of suffering two decades of zero earnings growth as it struggles to cope with Brexit uncertainty and a loss of productivity, the Institute for Fiscal Studies has warned.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (23/11/17)

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After the publication of the FOMC minutes, we take a look at how they've afffected the US dollar against some of the majors. In focus today are the EURUSD, AUDNZD, and NZDUSD pairs.
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Market sessions

Gabriel Ojimadu

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EURUSD: lower liquidity due to US holidays

On Wednesday the 22nd of November, trading on the euro/dollar closed up by 81 pips at 1.18. This sharp increase was brought about by the decline in the dollar and US 10Y bond yields resulting from the publication of weak durable goods data and the FOMC minutes.
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22 November 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (22/11/17)

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EURUSD, WTI, AUDCAD
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Market sessions

Gabriel Ojimadu

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EURUSD: rebound from the LB balance line likely

On Wednesday the 21st of November, trading on the euro/dollar pair closed slightly up (+6 pips). In Europe, the euro dropped against the dollar to 1.1713. By the end of the day, the price had recovered to 1.1752. A decline in US bond yields weakened the dollar across the board, giving euro bulls a boost. The price has stabilised around the 1.1740 mark just below the balance line.
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