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Forex market reviews

23 February 2017

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report: 23/02/17

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GBPUSD, silver and gold, AUDUSD, oil, EURUSD
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Market sessions

Gabriel Ojimadu

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EUR/USD: François Bayrou has reduced political risks in Europe

Trading on the euro on Wednesday closed up. In the first half of the day, the euro fell against the dollar to 1.0494 on the back of a rise in premiums over political risks. A ricochet from the session minimum followed at 18:38 (GMT+3) after François Bayrou, leader of the "Democratic Movement" party, confirmed that he would not stand in France's presidential election, opting instead to throw his weight behind independent candidate Emmanuel Macron.
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22 February 2017

Market sessions

Gabriel Ojimadu

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EUR/USD: euro's situation unclear due to political risks in the Eurozone

On Tuesday, trading on the euro closed down at 1.0530. The euro came under pressure from the release of a public opinion survey in France and the speech from the head of the Philadelphia Fed, Patrick Harker.
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