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Forex market reviews

04 May 2017

Market sessions

Gabriel Ojimadu

EUR/USD: Euro expected to continue decline

On Wednesday, the Euro closed down against the US dollar. The Euro fell to 1.0882 following the FOMC's meeting. The US Federal Open Market Committee decided to maintain current interest rates within its range of 0.75% - 1.00%, and the discount rate at 1.50%. However, the US central bank is still committed to raising interest rates incrementally throughout the year.
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03 May 2017

Market sessions

Tomasz Wisniewski

Daily analytical report (03/05/17)

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FOMC, EURUSD, GBPUSD, NZDUSD
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Market sessions

Gabriel Ojimadu

EUR/USD: markets await the Fed's press release

Trading on the Euro/dollar pair closed up on Tuesday at 1.0932. A bare economic calendar in the US allowed the Euro to recover some of its losses and renew the session maximum owing to a drop in US bond yields to 2.18%.
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