It's our 19th anniversary!

Forex market reviews

04 July 2016

Media reviews

Natalya Indeeva

Saudi Arabia Signaled It's OK With Oil at $50 a Barrel (News: 04/07/2016)

Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed.
0

Trading ideas

Vladislav Antonov

Short-term Trading Idea FX USD/SEK – Bear Speculation: Return to Trend Line

Trading opportunities for currency pair: after the Brexit, the USD/SEK switched into a correctional phase. I reckon that it will continue until August and the rate will not surpass the 8.7451 maximum. On the road to the trend line (8.1097) the sellers meet two interim levels: 8.3191 and 8.2186. Any fall will be cancelled by a close of the daily candle above 8.5510. Above here we can place a protective stop.
0

Market sessions

Vadim Josub

China Injects Capital into Financial Markets

Last week the People’s Bank of China injected 840 billion yuan (129 billion USD) into the financial market to increase liquidity. As such, on Thursday and Friday the central bank conducted seven-day reverse repos (purchasing securities which must be sold back at a fixed price) to the tune of 50 billion and 130 billion yuan respectively.
0
01 July 2016

Market sessions

Vladislav Antonov

Euro Expected to Strengthen

The downward correction on Thursday went deeper than expected. After a renewal of the session maximum, the euro corrected to 1.1024 (forecasted: 1.1070). A sharp rebound was caused by a weakening of the pound after the BoE’s Mark Carney spoke. He promised to loosen UK monetary policy after summer.
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