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Forex market reviews

12 April 2016

Media reviews

Natalya Indeeva

China to post worst quarterly growth in 7 years (News: 12/04/16)

The world's second-largest economy grew at the slowest pace in seven years during the first quarter, according to a CNNMoney survey of economists.
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GBP/JPY Still Can Rise Again

The British pound kept its solid position against the greenback and yen seen earlier in the morning, amid the risk-on mood on global financial markets during Monday's data-light session.
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Market sessions

Vladislav Antonov

Euro Weak and Could Return to 1.1370

On Monday trades in Europe finished around the level that the Asian session opened at. During the first half of the day the euro weakened against the dollar to 1.1371 due to a sharp fall in the euro/pound cross. There was no news to strengthen the pound. The dealers reckon that the demand for pounds was caused by one big order. Maybe.
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11 April 2016

Media reviews

Natalya Indeeva

Greece and Troika Move Closer to Review of Bailout Deal (News: 11/04/2016)

Greece and the troika of international lenders are moving closer to a deal on a review of bailout reforms, which could free up more aid to help the cash strapped country.
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Market sessions

Vladislav Antonov

Euro/Dollar: Target – 1.1375

The euro closed up against the US dollar on Friday. The European and American calendars were empty, so market participants were focussing on stock market, bonds and oil market movements.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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