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Forex market reviews

17 March 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (17/06/17)

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US Federal Reserve, EURUSD, AUDUSD, Gold
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Market sessions

Gabriel Ojimadu

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EUR/USD: bearish divergences have formed on the AO and CCI indicators

The euro/dollar closed up on Thursday. Before trading closed in Europe, the rate was trading within a 40 point range of 1.0706 to 1.0746. In the first half of the day, the euro's growth was constrained by the dynamics of the EUR/GBP cross, which started falling after the minutes from the Bank of England's meeting were published. Just as trading in Europe closed, the EUR/GBP rate closed the gap on the GBP/USD as the EUR/GBP cross grew.
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16 March 2017

Media reviews

Tina Pham

Tina Pham

Interest rates stay on hold but rising inflation breaks the consensus at the Bank of England (news: 16/03/17)

Interest rates are to stay on hold again as the Bank of England’s monetary policy committee (MPC) voted to keep the base rate at 0.25pc.
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Market sessions

Gabriel Ojimadu

## ojimadu name

EUR/USD: correction to the 45th degree likely

The euro made some significant gains during Wednesday's trading. From a low of 1.0607, the euro appreciated against the US dollar by 133 pips up to 1.0740.
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