It's our 19th anniversary!

Forex market reviews

08 June 2017

Media reviews

Tina Pham

Trump in focus as ex-FBI chief Comey's Russia hearing begins (news: 08/06/17)

Former FBI Director James Comey will tell U.S. lawmakers at a hearing that began on Thursday that President Donald Trump repeatedly urged him to halt a probe into his former national security adviser's ties to Russia and to declare publicly that Trump himself was not being investigated.
0

Market sessions

Gabriel Ojimadu

Euro falling after the ECB meeting

Trading on the Euro has been relatively calm this Thursday. The Euro exchange rate has fallen to 1.1217 against the US dollar, against which the British pound has fallen to 1.2934. Market participants are now awaiting the press conference with ECB head Mario Draghi and the results of the British parliamentary elections.
0

Market sessions

Gabriel Ojimadu

EURUSD: price has stopped at the lb line

On Wednesday the 7th of June, markets were frantic, with participants clashing everywhere. The cause of these collisions were the Reuters and Bloomberg news outlets. Bloomberg reported that the ECB has decided after their meeting to downgrade their forecast for consumer price growth in the Eurozone during 2017-2019. Then it hit the airwaves that the Eurozone's GDP had been revised. Reuters published the results of opinion polls from IFOP and Ipsos, which suggest that the newly-elected president of France, Emmanuel Macron, is set to win the parliamentary elections. The election will be held over two rounds on the 11th and 18th of June. Volatility subsided after European markets closed. The Euro/dollar pair has stabilised around the lb line at 1.1260.
0
07 June 2017

Media reviews

Tina Pham

How to trade the UK elections with GBP/USD – the full guide (news: 07/06/17)

Brits go to the polls on June 8th in what has turned out to be an unexpectedly open campaign. High uncertainty about the results and also about the turnout imply a potential for high volatility.
0

Market sessions

Gabriel Ojimadu

EURUSD: increased risk of breaking 1.1285

Trading on the Euro closed up on Thursday. The price ricocheted after the publication of a new survey from YouGov. The survey shows that the gap between Labour and the Conservative has decreased and it is projected that the Conservatives may only win 304 seats in Parliament.
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