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Forex market reviews

13 February 2017

Media reviews

Tina Pham

Tina Pham

Russian rouble hits strongest level since July 2015

The Russian rouble hit its strongest level against the dollar since July 2015 early on Monday.
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Trading ideas

Gabriel Ojimadu

## ojimadu name

Short-term trading idea FX GBP/CAD - a lowering game: breaking through trend line of correctional movement

After the IEA report was published on Friday, Brent oil grew by 1.63%. As the quote per barrel surpasses 57.50 USD, Brent will open will a target of 61.25 USD. As oil recovers further still, the GBP/CAD cross will resume its downward movement.
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Market sessions

Gabriel Ojimadu

## ojimadu name

EUR/USD: upwards correction expected after a new low

Trading on the euro closed down on Friday. Expectations of a rebound before the weekend failed to materialise. The level of 1.0637 (67 degrees) didn't hold. The rate slid to 1.0608 (90 degrees) on the back of a rise in US bond yields.
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10 February 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (10/02/17)

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China, Trump, GBP, gold, EURUSD, CADJPY
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Market sessions

Gabriel Ojimadu

## ojimadu name

EUR/USD: rate stays within 8th of February daily range

By the end of trading on Thursday, the EUR/USD pair closed down. In the second half of the day, the euro rate came under pressure from a sharp rise in Treasury bond yields. This rise came after comments from US president Donald Trump saying that he intended to announce some changes to the tax system in the next few weeks. He made this announcement during a meeting with airline executives. The dollar rose across the board on this news, and the euro fell from 1.0694 to 1.0651.
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