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Forex market reviews

01 February 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (01/02/17)

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FOMC, AUDUSD, silver, Brent and Cable
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Media reviews

Tina Pham

Tina Pham

Dollar suffers worst January in 30 years after Donald Trump accuses rivals of currency exploitation (news: 01/02/2017)

The US dollar has posted its worst January in three decades after US President Donald Trump and his trade adviser accused Germany, China and Japan of exploiting currencies to gain a trade advantage over the US.
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Market sessions

Gabriel Ojimadu

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EUR/USD: correction to 1.0775 likely as we await results of Federal Reserve meeting

On Tuesday the euro closed up by 0.99%. The strengthening of the single currency began in the European session, and sped up during American trading hours. Experts agree that this rise is a result of comments made by one of US president Donald Trump's advisors.
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31 January 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (31/01/17)

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Navarro, AUDUSD, silver, EURUSD, USDCHF, JPY, Eurozone
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Market sessions

Gabriel Ojimadu

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EUR/USD: false break of the trend line and daily hammer

On Monday, trading on the euro closed slightly down. Despite this fall to 1.0620, the eurobulls managed to partially recover their losses. The single currency fell against the dollar after a statement from ECB representative Ewald Novotny. He noted that Brexit may lead to some significant problems, as well as announcing the ECB's intention to discuss curtailing their QE program until Autumn. In the American session, the rate restored to 1.0709.
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