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Forex market reviews

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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05 November 2015

Media reviews

Natalya Indeeva

Carney Signals Bank of England Rate Can Stay Low as China Drags (News 05/11/15)

“Monetary policy must continue to balance two fundamental forces -– domestic strength and foreign weakness,” the Bank of England governor said at a press conference in London on Thursday. “The outlook for global growth has weakened since August. Many emerging-market economies have slowed markedly this year, and the committee has downgraded its assessment of their medium-term growth prospects.”
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Market sessions

Vladislav Antonov

Pound/Dollar: Waiting for BoE Decision

My forecast worked a treat. The pound/dollar dropped to 1.5360 from the LB. The pound didn’t fall too much because the euro/pound was holding it back.
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Market sessions

Vladislav Antonov

Euro/Dollar: Nearing Important Support Zone

Expectations of a euro weakening rang true. Strong service PMI data from the US’ ISM and ADP and comments made by Yellen lent support to the dollar.
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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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