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Forex market reviews

27 May 2016

Media reviews

Natalya Indeeva

U.S. Economy Grew Faster in First Quarter Than Previously Thought (News: 27/05/16)

The economy grew at an annual rate of 0.8 percent in the first quarter of 2016, a slightly more robust pace than initially thought but still weaker than what many experts — not to mention ordinary workers — would like to see as the recovery enters its eighth year.
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Market sessions

Vladislav Antonov

Expected Movement in 1.1175 – 1.1215 Range for Euro

The euro bulls on Thursday tried to strengthen above the trend line and 1.1190 resistance several times but couldn’t manage it. The price constantly bounced back to 1.1165. After US stats came out, the euro/dollar upped it to 1.1216.
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26 May 2016

Media reviews

Natalya Indeeva

Brent Oil Breaks Above $50 for First time in Seven Months (News:26/05/16)

Oil prices climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing.
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Market sessions

Vladislav Antonov

Euro Expected to Break Trend Line

By trade close on Wednesday, the euro/dollar closed slightly up. The day was difficult for the buyers since the euro was under pressure from the cross rates during the day.
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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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