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Forex market reviews

14 February 2017

Media reviews

Tina Pham

Pound Drops As U.K. CPI Falls Unexpectedly (news: 14/02/17)

The British pound weakened against most major currencies in the early European session on Tuesday, after data showed that U.K. inflation rose less-than-expected in January.
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Market sessions

Tomasz Wisniewski

Daily analytical report (14/02/17)

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GBP, USDCHF, silver and gold, USDJPY, CADJPY, Brent oil
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Market sessions

Gabriel Ojimadu

EUR/USD: high risk of trend line being broken through

Trading on the euro on Monday closed in negative territory. The EUR/USD rate fell to 1.0592. The single currency depreciated on the back of a rise in US 10-year bond yields to 2.4519%.
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13 February 2017

Media reviews

Tina Pham

Russian rouble hits strongest level since July 2015

The Russian rouble hit its strongest level against the dollar since July 2015 early on Monday.
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Trading ideas

Gabriel Ojimadu

Short-term trading idea FX GBP/CAD - a lowering game: breaking through trend line of correctional movement

After the IEA report was published on Friday, Brent oil grew by 1.63%. As the quote per barrel surpasses 57.50 USD, Brent will open will a target of 61.25 USD. As oil recovers further still, the GBP/CAD cross will resume its downward movement.
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Market sessions

Gabriel Ojimadu

EUR/USD: upwards correction expected after a new low

Trading on the euro closed down on Friday. Expectations of a rebound before the weekend failed to materialise. The level of 1.0637 (67 degrees) didn't hold. The rate slid to 1.0608 (90 degrees) on the back of a rise in US bond yields.
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