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Forex market reviews

29 January 2019

Market sessions

## anthony

Matthew Anthony

EURUSD: bulls set on reaching new heights

On Monday the 28th of January, trading on the EURUSD pair closed up. After a downwards correction to 1.1390, the bulls shifted the Asian session’s high from 1.1426 to 1.1444. The single currency enjoyed increased demand as investors adjusted their positions ahead of Tuesday’s vote in the British parliament on an EU withdrawal agreement. The euro crosses all rose except for EURJPY.

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24 January 2019

Market sessions

## anthony

Matthew Anthony

EURUSD: market awaits Mario Draghi's press conference

On Wednesday the 23rd of January, trading on the EURUSD pair closed up. In the first half of the day, the pair was held back by cross pairs. During the US session, the pair rose to 1.1394 amid growing interest in assets with risk involved and an overall weakening of the US dollar.
The demand for assets with risk involved increased on the statements of White House chief economist Kevin Hassett, who expressed confidence that the US and China will conclude a trade agreement before the 1st of March.

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