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Forex market reviews

22 November 2016

Market sessions

Tomasz Wisniewski

Daily analytical report (22/11/16)

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USD, SP500, oil and gold.
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18 November 2016

Market sessions

Tomasz Wisniewski

Daily analytical report (18/11/16)

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USD headlining along with precious metals.
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Market sessions

Gabriel Ojimadu

EUR/USD: weekly support reached

On Thursday the euro/dollar fell from a session minimum of 1.0746 to 1.0620. The fall was 126 points and stopped near the 112th degree. The dollar rose after the release of strong data from the US and Yellen speaking before congress. The Fed chief said that the US economy is now showing persistent success and a tightening of monetary policy could be viable. Her announcement increased further the likelihood that the Fed will increase the interest rate at their December meeting. Additional pressure on the euro came from the sales of American and European bonds.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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