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Forex market reviews

13 July 2015

Market sessions

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Alpari Analyst

Greek Financial Need at 86 Billion Euros

Today it became known that the Greeks had managed to come to an agreement with their creditors. However, it’s a bit soon to start celebrating since work still needs to be done. On Monday the Eurozone leaders announced that Greece will receive another three-year aid program if the Greek prime minister Alexis Tsipras can agree to put some economic measures in place in the coming few days.
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Commodities

Anna Kokoreva

Brent to Trade $56.5-58 per Barrel

Oil will be under pressure until the end of the day: Brent will be trading $56.5-58 a barrel and WTI will be between $51-52.
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Market sessions

Alexander Razuvaev

US Fed Expects to Lift Rates Before End of 2015

A growth in the rate will unavoidably lead to a strengthening of the dollar against all key currencies and, most of all, against currencies of developing countries. This means a fall in commodities prices.
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10 July 2015

Commodities

Anna Kokoreva

Brent Oil to Trade in $57.7-59 Region

Until the end of the day, Brent will be trading in the $57.7-59 region, whilst WTI will be trading $52-53.5.
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Market sessions

Vladislav Antonov

Pound/Dollar Stabilizing at 1.54

After the decision from the Bank of England that came out yesterday, the pound didn’t quite hit the forecasted maximum that was expected of it. Although, fluctuations took place as expected.
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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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