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Forex market reviews

21 December 2016

Media reviews

Tina Pham

UK runs up £12.6bn deficit in November (news:21/12/16)

Britain’s fiscal watchdog, the Office for Budget Responsibility, has just warned that public borrowing in the final four months of this financial year will be slightly higher than a year ago.
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Market sessions

Tomasz Wisniewski

Daily analytical report (21/12/16)

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Silver, gold, dollar, EURCAD, oil and DAX.
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Market sessions

Gabriel Ojimadu

Euro reaching for bottom from January 2003

On Tuesday the euro/dollar closed slightly down. The buyers couldn’t win back a large part of their losses that were incurred in the first half of the day. Before the Christmas period liquidity has dropped and so ups and downs for the key pairs is quite usual at this time of year, especially when there’s no important data out. The euro/dollar’s fall stopped at the 112th degree: 1.0352. By trade close in Europe, the price had restored to 1.0408.
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20 December 2016

Market sessions

Tomasz Wisniewski

Daily analytical report (20/12/16)

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USD strengthening all round, gold to test its 1100 USD/oz support.
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Media reviews

Tina Pham

Dollar climbs as attacks subdue euro, BOJ saps yen (news:20/12/16)

The dollar climbed back towards a 14-year high on Tuesday as the yen fell after the Bank of Japan held policy steady and fallout from attacks in Germany and Turkey subdued the euro.
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Market sessions

Gabriel Ojimadu

Dollar rises after Yellen speaks

On Monday the euro/dollar closed down. The buyers didn’t manage to hold at 1.0415. After Yellen spoke, the euro fell to 1.0393. The Fed chief announced that employment growth in the country was at its highest for the past ten years. Her announcement was taken by traders to mean that the regulator plans to raise interest rates further in 2017.
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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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