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Forex market reviews

12 April 2017

Market sessions

Tomasz Wisniewski

Daily analytical report (12/04/17)

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A boost for safe haven assets
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Media reviews

Tina Pham

Lagarde Warns U.S. Against Targeting Single Nation on Currencies (news: 12/04/17)

IMF Managing Director Christine Lagarde warned the U.S. against targeting the exchange-rate policies of any single nation, as the administration of President Donald Trump weighs whether to deliver on his promise to brand China a currency manipulator.
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Market sessions

Gabriel Ojimadu

EUR/USD: Euro again ready for a breakout of the trend line

The EUR/USD pair closed up yesterday for the second day in a row. Over the last few days, a false breakout of the trend line has been confirmed. The Euro strengthened against the US dollar to 1.0630, but that's as far as buyers managed to push the price. As traders avoided risk and the main EUR/GBP cross fell, our EUR/USD pair went into a correctional phase.
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11 April 2017

Market sessions

Tomasz Wisniewski

Daily analytical report (11/04/17)

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EURUSD, AUDUSD, AUDNZD
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Market sessions

Gabriel Ojimadu

EUR/USD: Euro remains under pressure from cross

Trading on the Euro on Monday closed slightly up. The price corrected from 1.0570 to 1.0607. The economic calendar was bare, so market activity remained low. The price spent most of its time in a sideways trend.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub

Senior Alpari analyst

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