It's our 19th anniversary!

Forex market reviews

21 June 2017

Media reviews

Tina Pham

Pound jumps after BoE's Haldane speech, commodity currencies dip (News: 21/06/17)

The pound jumped on Wednesday after a Bank of England policymaker said he expected to back an interest rate hike this year while commodity-linked currencies such as the Canadian dollar and Norwegian crown took a hit on declining oil prices.
0

Market sessions

Tomasz Wisniewski

Daily analytical report (21/06/17)

Loading...
Data cannot be shown.
USD, Cable (GBPUSD), USDCAD, USDMXN
0

Market sessions

Gabriel Ojimadu

Sterling given a boost during BoE MPC member Haldane’s speech

During trading in Europe, the British pound is once again the centre of attention due to increased volatility. The GBPUSD pair has fallen by 45 pips to 1.2590, hitting a new weekly low, from which it subsequently shot up by 113 pips to 1.2708. The Euro rate is being kept at 1.1147 level due to the EURGBP cross falling.
0

Market sessions

Gabriel Ojimadu

EURUSD: downwards movement expected to continue

Trading on the Euro closed down on Tuesday. Before the US session, the pair was trading above the support zone of 1.1132/40. The EURGBP cross helped to counter the weakening of the Euro as it sharply rose on comments from Bank of England governor Mark Carney, who iterated that now is not the time to raise interest rates. The British pound has fallen by 155 pips to 1.2603.
0
20 June 2017

Market sessions

Tomasz Wisniewski

Daily analytical report (20/06/17)

Loading...
Data cannot be shown.
USD, Federal Reserve, EURJPY, EURUSD, Gold
0

Media reviews

Tina Pham

Fed's Rosengren: Low interest rates pose financial stability risks (News: 20/06/17)

Boston Fed President Eric Rosengren said on Tuesday that the era of low interest rates in the United States and elsewhere poses financial stability risks and that central bankers must factor such concerns into their decision-making.
0

Market sessions

Gabriel Ojimadu

Sterling has fallen by more than 0.7%

Sterling is the centre of attention among traders in Europe, which has slid against the dollar by 0.7% to 1.2668 since BoE governor Mark Carney’s statement that now is not the time to increase interest rates. He also gave an indication of weak growth in earnings to come. The pound has fallen against the Euro by 0.75% to 0.8805.
0

Market sessions

Gabriel Ojimadu

EURUSD: consolidation expected

On Monday, trading on the Euro closed down. The pair didn’t manage to break 1.1200 level after Emmanuel Macron’s victory at the French parliamentary elections. The economic calendar was fairly empty, so as the dollar rose across the market, the Euro fell against it from 1.1213 to 1.1141 (-72), including during trading in Asia. US 10Y bond yields rose to 2.20%.
0

Choose a period:

Our analysts

Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

## ojimadu name
## ojimadu name

## ojimadu position

Vadim Iossub
Vadim Iossub

Senior Alpari analyst

See all analysts
Back to top