It's our 19th anniversary!

Forex market reviews

06 July 2016

Media reviews

Natalya Indeeva

U.S. Trade Gap Widened in May (News: 06/07/16)

New orders for U.S. factory goods fell in May on weak demand for transportation and defense capital goods, but growing order backlogs and lean inventories suggested the worst of the manufacturing downturn was probably over.
0

Market sessions

Vladislav Antonov

Pound Trying to Get Back Losses

The Brexit is still keeping market participants in a tense state. Some are running for the safe assets due to worries in regards to the consequences of the UK leaving the EU. During the Asian session the pound/dollar fell to 1.2791 where it received support from a lot of buys.
0

Market sessions

Vladislav Antonov

Euro at Inversion Zone

The euro rate closed down against the USD. The crash of the GBP to a 31-year minimum raised demand for safe assets: JPY, gold and US state bonds. By the close of the day, the euro was at 1.1062 dollars and the pound was down against the dollar to levels unseen since 1985.
0
05 July 2016

Media reviews

Natalya Indeeva

Pound Tumbles to 31-Year Low as Brexit Starts to Inflict Damage (News: 05/07/16)

The pound fell to its weakest level in three decades against the dollar, surpassing lows reached in the aftermath of Britain’s vote to leave the European Union.
0

Market sessions

Vadim Josub

Oil Sticking at $50

Oil again didn’t manage to strengthen above $50. It spent the best part of yesterday trading in a $50.3 – $50.7 range per barrel of Brent. However, in the evening the price began to fall and by Tuesday morning it had dropped to $49.55. It’s most likely that oil was reacting to world stock markets switching from growth to correction.
0

Market sessions

Vladislav Antonov

50/50 for Euro

Monday’s euro trades were calm. My market expectations rang true in full. The euro/dollar rate dropped to 1.1097 in the first half of the day and restored to 1.1159 in the second half. US stock markets were closed due to it being Independence Day. Trader volumes and activity were low.
0

Choose a period:

Our analysts

Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

## ojimadu name
## ojimadu name

## ojimadu position

Vadim Iossub
Vadim Iossub

Senior Alpari analyst

See all analysts
Back to top