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Forex market reviews

20 August 2018

Media reviews

Tina Pham

EU says Greece can 'finally turn the page' as bailout ends (news: 20/08/18)

Greece has turned the page to become “a normal” member of the single currency, European Union authorities in Brussels declared as the country finally exited its eight-year bailout programme.
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Market sessions

Gabriel Ojimadu

EURUSD: buyers raised the rate above 1.14

On Friday, the 17th of August, trading on the euro closed up. The day turned out to be anything but calm. The movements were very impulsive. Volatility on the market was observed in the European and US sessions.
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17 August 2018

Media reviews

Tina Pham

Pound holds above $1.27, buoyed by dollar weakness (news: 17/08/18)

LONDON (Reuters) - The British pound rose on Friday as the dollar fell across the board and some traders saw an opportunity to buy sterling after data this week pointed to an UK economy holding up relatively well.
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Market sessions

Tomasz Wisniewski

Daily analytical report (17/08/18)

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Gold is finally climbing higher, oil is about to test the recent supports as new resistances, and GBPAUD tested the neckline of the giant head and shoulders formation along with the mid-term horizontal resistance.
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Market sessions

Gabriel Ojimadu

EURUSD: pair set to consolidate

On Thursday the 17th of August, trading on the euro closed up. News that trade talks between the US and China are set to resume later this month brought about a correction on the dollar and, in turn, the euro. Market sentiment has shifted, but the big picture is still bearish.
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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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