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Forex market reviews

01 September 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (01/09/17)

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Nonfarm payrolls today should see increased volatility, which is good for traders. In light of this, we're going to be looking at DXY, gold, and a couple of pairs involving the euro.
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Market sessions

Gabriel Ojimadu

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EURUSD: markets await the NFP report

On Thursday the 31st of August, trading on the euro/dollar currency pair closed up. After dropping to 1.1823, the euro recovered 82 pips to reach 1.1905. I think that the pressure on the US dollar came more from the loonie than from the mixed US data.
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31 August 2017

Media reviews

Tina Pham

Tina Pham

U.S. jobless claims rise marginally as labor market tightens (news: 31/08/17)

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose slightly last week, pointing to sustained labor market strength that should continue to support the economy.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (31/08/17)

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Once again, yesterday's movements continue into today. The safe haven retreat continues and the US dollar is getting stronger. Gold, however, seems to be resisting the trend, and this will be our focus today, along with EURUSD and SP500, which have some interesting setups.
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Market sessions

Gabriel Ojimadu

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Dollar rising across the board

In Thursday’s European session, the US dollar continued to recover the losses it suffered earlier in the week. The euro/dollar pair fell to 1.1827 after a bounce to 1.1906. The pound/dollar pair resumed its slide, dropping to 1.2853.
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Market sessions

Gabriel Ojimadu

## ojimadu name

EURUSD: closing of long positions may gather pace

On Wednesday the 30th of August, trading on the euro/dollar closed down. Despite aggressive rhetoric from Pyongyang, tensions surrounding North Korea seem to have subsided. The UN Security Council labelled their missile launch as a threat to global security, but fell short of proposing any new sanctions. Investors have accordingly started to move away from safe haven assets (bonds, the Swiss franc, yen, and gold), which has bolstered the US dollar. Later, the US dollar surge gathered momentum after a favourable ADP jobs report and revised GDP data were released. The euro fell 103 pips from 1.1984 to 1.1881.
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