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Forex market reviews

12 October 2017

Media reviews

Tina Pham

Tina Pham

$5,200: Bitcoin Buoyant as Price Sets New All-Time High

At press time, the bitcoin-U.S. dollar (BTC/USD) exchange rate is trading at $5,200 levels. Week-on-week, BTC is up 18.75 percent, while month-on-month it's up 23 percent. The new record broke a previous all-time high of $5,013 set in September.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (12/10/17)

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No surprises from the FOMC, gold is in an upswing, Bitcoin has hit a new all-time high, and GBP is down after Brexit deadlock.
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Market sessions

Gabriel Ojimadu

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Pound drops on reports that Brexit talks have hit deadlock

The US dollar showed some mixed dynamics in Thursday’s European session. It’s made gains against the Swiss franc, Canadian dollar, and British pound, while losing ground against the Kiwi and Aussie dollars as well as the Japanese yen.
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Market sessions

Gabriel Ojimadu

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EURUSD: pair ready for a downwards correction

On Wednesday the 11th of October, trading on the euro/dollar pair closed up. In the European session, the euro appreciated to 1.1845. In the US session, buyers advanced further to 1.1869.
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11 October 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (11/10/17)

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Despite that fact that most markets are moving sideways today, we've found some interesting trading opportunities for you on the USDCHF and GBPUSD pairs, as well as on WTI oil.
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Market sessions

Gabriel Ojimadu

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EURUSD: quotes expected to rise to the 157th degree

On Tuesday the 10th of October, trading on the euro/dollar pair closed up. The euro rose from 1.1740 to 1.1826 against the greenback. German data, talk of reversing the ECB’s asset purchasing program, a weakening of the US dollar across the market, and a drop in US bond yields all provided support for the single currency.
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