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Forex market reviews

08 February 2017

Media reviews

Tina Pham

China's Currency Policy Approaches Breaking Point (news: 08/02/17)

In his first few weeks in office, President Donald Trump has ordered the U.S. to withdraw from the Trans-Pacific Partnership and confirmed his intention to renegotiate the North American Free Trade Agreement. The consensus is that it won’t be long before he turns his focus to China, which he calls a currency manipulator.
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Market sessions

Tomasz Wisniewski

Daily analytical report (08/02/17)

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EURUSD, precious metals, AUDUSD, Brent, USDCHF, CADJPY
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Market sessions

Gabriel Ojimadu

EUR/USD: correction from the low of 1.0656 may be delayed until Thursday

Trading on the EUR/USD pair closed down on Tuesday. Demand for the US currency was linked to some technical factors. The rate, having broken the support and trend line at the 1.0705 level, further fell to the 1.0656 mark.
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07 February 2017

Market sessions

Tomasz Wisniewski

Daily analytical report (07/02/17)

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EURUSD, AUDUSD, silver, USDCHF, USDCAD
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Market sessions

Tomasz Wisniewski

Daily analytical report (07/02/17)

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Market sessions

Gabriel Ojimadu

EUR/USD: increased risk of the trend line being broken

At the end of Monday's trading, the EUR/USD rate closed in negative territory. During the American session, the rate rebounded from a minimum of 1.0705 up to 1.0755. I don't believe that there was any significant news behind this rebound. It was a standard correction after Friday's payrolls.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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