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Forex market reviews

07 October 2016

Market sessions

Tomasz Wisniewski

Daily analytical report (07/10/16)

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Worse than expected NFP is sending USD lower but gold and stocks higher and crash for sterling leads to a massive sell-off and causes a small panic on the markets.
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Market sessions

Gabriel Ojimadu

EUR/USD trading near the day’s trend line

On Thursday the euro/dollar closed down due to a strengthening of the USD. In Asia, euro sales gathered pace. The euro/pound cross with the fall of the pound couldn’t help the buyers. The euro is being sold in other cross pairs.
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06 October 2016

Media reviews

Fiona Chen

U.S. jobless claims unexpectedly fall in latest week (news: 06/10/16)

Initial claims for state unemployment benefits declined 5,000 to a seasonally adjusted 249,000 for the week ended Oct.1, the Labor Department said on Thursday.Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 257,000 in the latest week.
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Market sessions

Gabriel Ojimadu

EUR/USD: the flat could continue into Friday

On Wednesday the euro/dollar closed three points higher than the closing price of Tuesday. The euro was bobbing around near the LB throughout the day. The US stats held back any revival for GBP/USD and EUR/USD.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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