It's our 19th anniversary!

Forex market reviews

20 October 2015

Media reviews

Natalya Indeeva

Rate Hike Window May Be Closed for A While

Cautious Federal Reserve policy makers have been quick to site each of those setbacks and unexpected twists and turns as they’ve repeatedly held off on the first rate hike in nearly a decade.
0

Market sessions

Vladislav Antonov

Euro/Dollar Back to Friday’s Maximum

European trades have seen the euro/dollar return to Friday’s maximum. I don’t have a clue what event has sparked demand for the euro as the ECB meeting approaches. The news is weak and we’re all still expecting the ECB to take those additional economic slackening measures.
0

Market sessions

Vladislav Antonov

Pound/Dollar: Pound Could Leave Equilibria at 13:00 EET

Monday’s euro/pound cross is lending support to the UK pound, so instead of falling, the rate has headed north to 1.5496. The price is now by the LB. I don’t have a forecast for today because the BoE’s Mark Carney is set to mix things up. His speech is due to be given at 13:00 EET. If he mentions monetary policy, the pound will swing.
0

Market sessions

Vladislav Antonov

Euro/Dollar: Expected Test of 1.13

Monday saw the euro down to 1.1305 against the US dollar. Traders are selling euros as they expect the ECB to undertake additional measures on Thursday to combat low inflation.
0
19 October 2015

Media reviews

Natalya Indeeva

There’s No Way to Avoid Default Without Raising the Debt Limit, Treasury Says (News: 19/10/15)

The U.S. Treasury Department rejected again on Friday the idea that so-called payment prioritization would provide a way for the U.S. to avoid a severe hit to its creditworthiness if Congress didn’t raise the federal borrowing limit before the Treasury runs out of cash.
0

Market sessions

Vladislav Antonov

Euro Being Sold Before ECB Convenes

Due to the approaching ECB meeting, market participants on Monday began to reassess the open positions in their portfolio. After the ECB’s Ewald Nowotny made some remarks last week, traders began shedding euros and Swiss francs. They are temporarily transferring funds into British pounds and commodity currencies. Traders are worried that on Thursday the ECB could undertake additional measures with regards to the current QE program.
0

Commodities

Anna Kokoreva

Saudi Arabian Oil Reserves at Maximum Since 2002

Saudi Arabia has built up its commercial oil reserves to 326.6 million barrels as of August this year. This is the largest amount for the previous 13 years. At the same time, oil exports from the Saudi Kingdom are down: in July they stood at 7.28 million barrels per day and in August they were a meagre 7 million barrels per day.
0

Market sessions

Analyst Contest participant

Alpari Analyst

Chinese GDP Down to Minimum Since 2009

China’s GDP in Q3 of 2015 has slowed to 6.9% and as such is the worst it has been since March 2009. In Q1 and Q2 of this year the economic growth for the country stood just above 7% YoY. However, in Q3 the expectations has been set at 6.8%.
0

Trading ideas

Vladislav Antonov

Short-term Trading Idea FX USD/JPY – Bull Speculation: Recoil from Support

Trading opportunities for currency pair: the USD/JPY has broken from the 118.40 support. A strengthening of the dollar to 120.60 and 121.60 can be expected using the pinbar model.
0

Trading ideas

Vladislav Antonov

Short-term Trading Idea FX EUR/CAD – Bear Speculation: Development on 31st August Ideas

Trading opportunities for currency pair: the euro is under pressure since market participants expect the ECB to extend its QE program. Due to these expectations and the stable oil price around 50 USD, expect the euro to fall to 1.4490 and below. A close of the weekly candle above 1.4930 will stop any fall.
0

Trading ideas

Vladislav Antonov

Short-term Trading Idea FX EUR/USD – Bear Speculation: Bear Takeover

Trading opportunities for currency pair: ECB representative Ewald Nowotny pushed the eurobulls into closing long positions. It’s highly likely that before the ECB’s Thursday meeting, we’ll see the downward movement on the euro resuming. I’ve picked out two price levels: 1.1250 and 1.1086 (by middle of November), with 1.0290 over the medium term.
0

Choose a period:

Our analysts

Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

## ojimadu name
## ojimadu name

## ojimadu position

Vadim Iossub
Vadim Iossub

Senior Alpari analyst

See all analysts
Back to top