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Forex market reviews

10 November 2015

Media reviews

Natalya Indeeva

European Stocks Little Changed Amid China Data, Fed Rate Debate (News 10/11/15)

European stocks were little changed as investors weighed the implications of further signs of slowdown in China’s economy, while the Federal Reserve debates when to raise interest rates.
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Market sessions

Vladislav Antonov

Pound/Dollar: Expected Fall from LB

Yesterday I expected to see a rebound to 1.5110/15. The pound/dollar bounced to the LB at 1.5127. From this line on my forecast I’ve gone for a weakening of the pound to 1.5030. It could go even further down, but the economic calendar is empty, so I’ve limited it to 67 degrees.
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Market sessions

Vladislav Antonov

Euro/Dollar: Euro Readying to Fall

On Monday the euro/dollar was trading in a sideways. After a growth to 1.0789, the euro fell to 1.0726. This was caused by talk of the need for interest rates on deposits to be dropped below -0.20%. I’m not so sure what caught market participants by surprise; Mario Draghi spoke of reducing rates at the last press conference.
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06 November 2015

Market sessions

Vladislav Antonov

Euro/Dollar: Waiting for NFP

On Thursday after a fall to 1.0833, the euro/dollar stabilised at 1.0875. The euro received support from the euro/pound cross when the GBP fell under pressure after the BoE meeting, and also after the minutes from the meeting were published along with the Bank’s quarterly review.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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