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Forex market reviews

23 July 2015

Market sessions

Analyst Contest participant

Alpari Analyst

New Zealand Dollar Ignored Drop in Rates

The Reserve Bank of New Zealand today dropped its base rate by 25 basis points to 3.00% In an announcement it was indicated that there is the likelihood of further reductions in the rate
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Market sessions

Analyst Contest participant

Alpari Analyst

Greek Parliament Approves Reform Package to Start Negotiations with Creditors

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The euro reacted with a growth against the majority of currencies. However, talk of a Grexit being possible, and becoming a real threat next year, is yet to die down.
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Commodities

Anna Kokoreva

Today Could See Slight Oil Quote Growth

Today it’s possible we’ll see a slight rise in the quotes: investors will start to fix their profits before the weekend. However, next week we will see the fall in oil quotes continue.
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22 July 2015

Market sessions

Analyst Contest participant

Alpari Analyst

RBA Declares Possibility of Further Drop in Interest Rates

Australian inflation data was made public today. The country’s CPI in Q2 was up 0.7% QOQ and 1.5% YOY. A 0.8% growth in consumer prices was expected QOQ and by 1.7% YOY. The inflation zone which the Reserve Bank of Australia has set is 2-3%.
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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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