It's our 19th anniversary!

Forex market reviews

04 October 2017

Media reviews

Tina Pham

Tina Pham

Spanish tensions bar Europe from global stocks party (news: 04/10/17)

LONDON (Reuters) - Global stock markets hit a record high on Wednesday with investors in exuberant mood in the United States overnight and in Asia, but sentiment in Europe was soured by a political crisis gathering steam in Spain.
0

Cryptocurrencies

Gabriel Ojimadu

## ojimadu name

Bitcoin could reach 100,000 USD, but not a million

In order to better understand the current situation on cryptocurrency markets, let us recall a famous story. An analyst and a trader both go into a lift. The trader, before pressing any of the buttons, turns to the analyst and says; “Spare me your clever little tricks and just tell me; are we going up or down?” The analyst answers; “First of all, we need to be clear which floor we’re on. Secondly, in any case, we can’t go higher than the roof, and we can’t go lower than the basement. Still, we can’t rule out the possibility that the lift will get stuck or change direction owing to extreme circumstances”.
0

Market sessions

Gabriel Ojimadu

## ojimadu name

EURUSD: the price has corrected to the 67th degree

On Tuesday the 3rd of October, the euro/dollar rate closed slightly up. Buyers managed to induce a rebound from 1.1696 on the back of some positive data from the Eurozone coupled with negative UK statistics. On the back of a jump on the euro/pound cross from 0.8822 to 0.8881, the euro/dollar bulls managed to bring the price up to 1.1737. I’ll outline the current market situation below.
0
03 October 2017

Media reviews

Tina Pham

Tina Pham

Global shares extend run of record highs, dollar flexes muscle (news: 03/10/17)

LONDON (Reuters) - World shares hit their latest in a run of record highs on Tuesday, while the dollar was at it strongest in 1-1/2 months as encouraging U.S. data lifted it in tandem with global bond yields.
0

Market sessions

Gabriel Ojimadu

## ojimadu name

EURUSD: sellers on track to reach the 135th degree

On Monday the 2nd of October, trading on the euro/dollar pair closed down. The euro fell to 1.1730 against the dollar on the fallout from Catalonia’s independence referendum and a general strengthening of the dollar.
0

Choose a period:

Back to top