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Forex market reviews

29 March 2017

Media reviews

Tina Pham

Forex - Sterling off day’s highs as Brexit gets underway

The pound retraced gains after briefly hitting the highest levels of the day as British Prime Minister Theresa May triggered Article 50, formally beginning the two year process of the UK’s exit from the European Union.
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Market sessions

Tomasz Wisniewski

Daily analytical report (29/03/17)

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EURUSD, Silver, USDPLN
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Market sessions

Gabriel Ojimadu

EUR/USD: rate approaching the trend line

On Tuesday, trading on the euro/dollar closed in the red. The Euro depreciated against the greenback by 0.46% over the course of the day. The intraday range came to 74 pips and was over 200 on the GBP cross. The Euro's collapse followed that of the British pound. The EUR/GBP cross provided support until the US dollar went on the offensive.
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28 March 2017

Media reviews

Tina Pham

Yen Quiet Ahead of Japanese Retail Sales (news: 28/03/17)

The Japanese yen has edged higher in the Tuesday session. In the North American session, USD/JPY is trading at 110.40. On the release front, today's highlight in the US is CB Consumer Confidence, which is expected to dip to 113.9 points. Japan will release Retail Sales, with the indicator expected to dip to 0.7%.
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Market sessions

Gabriel Ojimadu

EUR/USD: rebound from the trend line

Trading on the single currency closed up on Monday. Towards the end of the session, the Euro depreciated by 45 pips to 1.0861. The gap stayed closed, but after the correctional movement from 1.0906, a long shadow appeared on the candlestick.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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