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Forex market reviews

04 October 2016

Market sessions

Tomasz Wisniewski

Daily analytical report (04/10/16)

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Sterling drops as fears about hard Brexit rises. FTSE 100 climbs high as weak pound helps British exporters.
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Media reviews

Fiona Chen

Indian central bank's new regime cuts rates (news: 04/10/16)

India's newly minted monetary policy committee delivered a surprise 25-basis-point cut in the repo rate on Tuesday to 6.25 percent, as Reserve Bank of India Governor Urjit Patel presided over his first policy review since his appointment last month.
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Market sessions

Gabriel Ojimadu

EUR/USD: rebound expected from 45 degrees

On Monday the euro/dollar closed down. Due to a general strengthening of the USD, the EUR fell to 1.1205. The euro is following the pound in its fall and the GBP lost out after UK PM, Theresa May, spoke yesterday.
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03 October 2016

Media reviews

Fiona Chen

Sterling sinks to three-year low on Brexit, European banks struggle again (news: 03/10/16)

Sterling slumped to a three-year low against the euro on Monday as Britain set a March deadline to start divorce proceedings from the European Union, while worries over Deutsche Bank and Europe's banking sector kept share prices in check.
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Market sessions

Gabriel Ojimadu

EUR/USD: squeezed into a triangle

I didn’t bother with an intraday forecast on Friday and I was right not to do so. There was no chance I would’ve been able to correctly forecast the euro’s movements since the European stock market shook things up.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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