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Forex market reviews

21 January 2016

Media reviews

Natalya Indeeva

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Oil Wipeout: Why Prices Aren’t as Cheap as They Look (News: 21/01/16)

The rout in oil prices won’t be reversed by OPEC, frackers, China or even the Fed. Only supply and demand can swing it. But the problem with calculations about their impact on energy prices is that, well, they’re a little crude.
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Market sessions

Vladislav Antonov

Vladislav Antonov

Euro on the Rebound Due to ECB Meeting Expectations

My Wednesday expectations for the euro came off in full. The U-turn for the euro/pound after UK stats came out piled pressure on the euro/dollar. The rate fell to 1.0890 despite the fall in the US stock indices. Negative US stats also couldn’t change how the cards were being played as the ECB meeting and Draghi speaking approaches.
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20 January 2016

Media reviews

Natalya Indeeva

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Oil Extends Drop From 12-Year Low as U.S. Supplies Seen Rising (News: 20.01.16)

Oil extended its decline from the lowest close in more than 12 years before weekly U.S. government data forecast to show crude stockpiles expanded, exacerbating a global glut.
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Market sessions

Analyst Contest participant

Alpari Analyst

UK Salary Inflation Slow

According to data published yesterday, the global index for dairy produce is down again, dropping by 1.4% against a previous fall of 1.6% at the last auction.
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Market sessions

Vladislav Antonov

Vladislav Antonov

Euro Trying to Break Daily Trend Line

Tuesday’s trading in the States closed with the euro/dollar at 1.0858. The euro dropped to this level due to stock indices and oil prices rising.
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