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Forex market reviews

26 December 2018

Market sessions

## anthony

EURUSD: Europe continues to celebrate Christmas

On Monday, the 24th of December, Christmas Eve, the euro rose against the US dollar by the end of the day. Market activity was average. The focus was on US stocks and oil markets.
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24 December 2018

Media reviews

Tina Pham

Stocks - Wall Street Falls as Mnuchin Haunts Markets on Christmas Eve (news: 24/12/18)

Investing.com - The stock market opened lower Monday as Treasury Secretary Steve Mnuchin brought out the Christmas ghosts of past (equity selloff), present (concerns about the tenure of Fed chief Jerome Powell) and future (a sudden worry about bank liquidity).
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Market sessions

## anthony

EURUSD: pair has met the support at around 1.1350

Friday’s trading closed nearly 100 pips down. Growth from the 1.1440 support stopped at the 1.1474 mark. While the subsequent drop seemed like a technical correction up until 1.1420, the breakout of the trend line at 1.1412 sped up the decline on the back of stop levels being activated and short positions closed.
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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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