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Forex market reviews

30 March 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (30/03/17)

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EURUSD, AUDNZD, EURAUD
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Media reviews

Tina Pham

Tina Pham

Forex Market Review (European Session) – Brexit dominates investor attention; Sterling resilient

There were some data releases today, particularly out of the UK as well as pending home sales numbers for the US, but those were shrugged off by investors for the most part as the highlight of the day was the triggering of Article 50 for the UK to officially move ahead with the process of exiting the European Union.
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Market sessions

Gabriel Ojimadu

## ojimadu name

EUR/USD: W-model forming

On Wednesday, the Euro fell against the dollar to 1.0740. The pair has now closed down for the second day in a row. The 29th of March saw the process of the UK's exit from the European Union officially begin. The triggering of Article 50 sets negotiations in motion, for which there is a two-year time limit. As such, the process should be completed in 2019.
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29 March 2017

Media reviews

Tina Pham

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

Tomasz Wisniewski

Daily analytical report (29/03/17)

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EURUSD, Silver, USDPLN
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Market sessions

Gabriel Ojimadu

## ojimadu name

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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