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Forex market reviews

18 June 2015

Market sessions

Vladislav Antonov

Market Rocking, No Factors for Euro Growth

Trades in Europe started with a growth on the dollar. The pound/dollar continued yesterday’s rise after a roll back to 1.5805. The pound gained 124 points to 1.5929. At the moment of writing this review it was trading at 1.5914. There’s no real reason for the strengthening of the pound since retail sales results in the UK came out as contradictory.
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Market sessions

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Alpari Analyst

Greeks Withdraw 820 Million Euros from Banks

Yesterday a total of 820 million euros was withdrawn from Greek bank accounts. On Monday and Tuesday this totaled 300 million and 400 million euros respectively.
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Market sessions

Vladislav Antonov

Pound Meets Strong Resistance on Daily Period

On Wednesday two bullish impulses formed on the pound. The first was after the release of the Bank of England’s minutes, the second came after the FOMC meeting and the governor of the US Fed, Janet Yellen, gave a speech. The pound strengthened against the dollar by approximately 180 points.
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17 June 2015

Market sessions

Vladislav Antonov

Pound Grows on Bank of England Minutes

The euro/dollar rose to 1.1291. As a consequence, the euro corrected to 1.1260 on the back of a fall in the euro/pound cross. The upward impulse for the British pound came from labor market data from the UK and the Bank of England’s minutes.
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Commodities

Anna Kokoreva

Azerbaijan has Spent Around 1.2 Billion US Dollars on Organizing European Games

On 12th June the first ever European Games opened with a bang in Baku. Despite the fact that the games opened without hitch, the event has come under a wave of criticism from EU and US media. Journalists are highlighting the expense of the games in a country whose economy is unstable.
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Market sessions

Vladislav Antonov

Euro Stabilizes by Balance Line

The euro/dollar closed down on Tuesday. The eurobulls were knocked down by weak European statistics and a fall in the yield on German bonds.
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Alexander Razuvaev
Alexander Razuvaev

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