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Forex market reviews

13 January 2016

Media reviews

Natalya Indeeva

China’s Better-than-Expected Trade Numbers Raise Questions (News 13/01/16)

China’s better-than-expected trade figures in December have sparked questions over whether trade flows have been inflated by investors evading capital controls and the extent of incentives being offered by government agencies to prop up exports.
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Market sessions

Vladislav Antonov

Euro/Dollar Readying for Return to 1.0877

Yesterday the GBP fell throughout the market and forced the euro bulls to drop to 1.0819. The UK industrial manufacturing index fell to a three year low. Other key currencies followed the pound downwards. After trading closed in Europe, the euro/dollar returned to the LB at 1.0877.
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12 January 2016

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USDCAD – UPDATE: Breakout to New Highs 5th Jan, 2016

As forecast, the USDCAD has broken out of the narrow trading range (shown on chart) and this pair is moving higher, hugging the upper Bollinger Band.
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Media reviews

Natalya Indeeva

Europe Rallies as Oil Rebounds from near $30 ; DAX up 2%

European markets extended gains on Tuesday despite continued wariness in Asian markets regarding China, as the oil price rebounded from session lows.
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Market sessions

Vladislav Antonov

Pound Down on Industrial Manufacturing Data

The British pound is at the centre of attention on Tuesday. After the release of weak industrial manufacturing data, the currency weakened against the US dollar by 120 points to 1.4414. The price strengthened below the psychological level of 1.4500 (rounded figure).
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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