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Forex market reviews

19 November 2015

Media reviews

Natalya Indeeva

Stock Futures Rise after Fed Minutes Soothe Investor Nerves (News 19/11/15)

The U.S. more than doubled its imports of oil from Iraq between August and September, according to a Platts analysis of U.S. Energy Information Administration statistics.
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Market sessions

Vladislav Antonov

Pound/Dollar: Buyers Readying for Break in 1.53

The UK pound was helped to strengthen against many currencies by an inflation report and the words of the BoE’s Broadbent. The pound/dollar renewed to 1.5240 after the FOMC minutes were published and today in Asia the rate left the five day corridor.
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Market sessions

Vladislav Antonov

Euro/Dollar: Serious Correction Lingering

The EUR/USD didn’t manage to stay by the LB on Wednesday. Before the FOMC minutes were published, the euro fell from 1.0691 to 1.0622. After the minutes came out, the euro bulls updated the seven month minimum.
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18 November 2015

Media reviews

Natalya Indeeva

Iraq is Flooding America with Lots of Oil (News 18/11/15)

The U.S. more than doubled its imports of oil from Iraq between August and September, according to a Platts analysis of U.S. Energy Information Administration statistics.
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Market sessions

Vladislav Antonov

Pound/Dollar: Trading at LB – Readying for Sharp Fluctuations

The pound/dollar has been trading between the U1 and D1 for three days. Yesterday didn’t quite work out like I had expected. After UK inflation data came out, the GBP/USD returned to 1.5216 and then lifted to 1.5238 on weak US industrial data
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Market sessions

Vladislav Antonov

Euro/Dollar: Euro Still Under Pressure

On Tuesday the US dollar was up against the euro. The currency’s strengthening slowed after weak US industrial manufacturing data came out. As soon as everything calmed down on the market, the euro again started to fall. The market stopped 30 points short of the 1.0600 level where we want it to be. This means that we should see a test of it today.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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