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Forex market reviews

29 December 2016

Media reviews

Tina Pham

Economists say Trump delivered hope (news: 29/12/16)

Economists say Donald Trump is right to credit himself for sending consumer confidence to a 15-year high this month as Americans reported a rosy outlook for job creation, business growth and the stock market.
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Market sessions

Tomasz Wisniewski

Daily analytical report (29/12/16)

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Brent, EURJPY, EURNZD, EURUSD, NZDUSD and USDCAD
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Market sessions

Gabriel Ojimadu

EUR/USD: euro bulls almost fully win back losses

On Wednesday the dollar strengthened across the board. The euro/dollar lost 107 points, falling to 1.0372 after attempting to reach above 1.0480.
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28 December 2016

Media reviews

Tina Pham

Crude oil climbs for fourth day for fresh 2016 high (news: 28/12/16)

Oil prices rose for a fourth straight session on Wednesday, with traders waiting to see if OPEC will make good on its promises to cut output in the new year.
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Market sessions

Tomasz Wisniewski

Daily analytical report (28/12/16)

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Nasdaq, Brent, silver, gold, EUR and AUDCAD
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Market sessions

Gabriel Ojimadu

EUR/USD: price recovers by 61.8%

By the end of Wednesday the euro/dollar closed up. The rate recovered from session minimums of 1.0433 to 1.0463 due to sales of the USD. The market is a thin one (low liquidity), so the euro bulls couldn’t hold when the strong consumer confidence data came in and there was a growth in US bonds.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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