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Forex market reviews

09 January 2017

Media reviews

Tina Pham

Sterling slides after PM May reignites 'hard Brexit' fears (news: 09/01/17)

Sterling was on track for its biggest daily losses in three months on Monday, sliding over 1 percent to a 10-week low to the dollar after Prime Minister Theresa May said she was not interested in Britain keeping "bits" of its EU membership.
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Market sessions

Gabriel Ojimadu

EUR/USD: Monday against Friday

In the first half of the day on Friday the euro was trading in a range of 1.0547 – 1.0613. The volatility on the currency market rose after the publication of the NFP.
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06 January 2017

Media reviews

Tina Pham

Economic forecasting in crisis: Bank of England chief economist (news: 06/01/17)

The Bank of England's (BoE) Chief Economist bemoaned the inherent risks of placing too much faith in economic forecasting given the failure to foresee the financial crash in 2008 as well as the Brexit vote.
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Market sessions

Gabriel Ojimadu

EUR/USD: expected drop to 45 degrees before NFP

On Thursday euro trading closed up. After a correctional movement to 1.0483, the euro rose to 1.0615 against the USD. The dollar was under pressure after the release of employment data for the private sector and a sharp fall in the yield of American 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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