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Forex market reviews

09 March 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (09/03/17)

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Oil, Silver, EURAUD
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Market sessions

Gabriel Ojimadu

## ojimadu name

EUR/USD: the euro has fallen on the back of a rise in US bond yields

On Wednesday, trading on the euro closed down. During trading in New York, the euro fell to 1.0535 as the release of statistics in the US fell kindly in the dollar. The number of new private sector jobs in February exceeded expectations. The previous figure was revised and upgraded.
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08 March 2017

Media reviews

Tina Pham

Tina Pham

Chancellor Philip Hammond delivers last ever Spring Budget (news: 08/03/17)

Hammond, who became chancellor last July, stepped up to the dispatch box in Parliament just after 12.30 p.m. GMT (7.30 a.m. ET) on Wednesday to give his first formal budget speech. It is not his first fiscal policy statement, however — he delivered one Autumn Statement in late November 2016.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (08/03/17)

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AUDUSD, Gold, EURAUD
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Market sessions

Gabriel Ojimadu

## ojimadu name

EUR/USD: awaiting a renewed minimum

Trading on the EUR/USD pair closed down on Tuesday. The single currency depreciated against the dollar on the back of a rise in US 10-year bond yields and a drop in their German equivalent. By the end of the day, US 10-year bond yields had risen by 0.72% to 2.494%. German 10-year bond yields fell by 3.17% to 0.319%. The price found some support at around the 1.0560 mark, where the pair has been caught in a sideways trend for the last 17 hours or so.
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