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Forex Market Reviews

11 January 2018

Media reviews

Tina Pham

Euro surges after ECB says could revisit policy message soon (news: 11/01/17)

LONDON (Reuters) - The euro jumped almost a cent on Thursday after the European Central Bank said it could revisit its communication stance in early 2018, boosting expectations that policymakers are getting ready to reduce their vast monetary stimulus programme.
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Market sessions

## wisniewski

Daily analytical report (11/01/18)

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USD was briefly disrupted by rumours from China, but now looks back on track. Today, we'll also be looking at gold, as well as the EURJPY and AUDUSD pairs.
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Market sessions

Gabriel Ojimadu

EURUSD: downwards trend continues

On Wednesday the 10th of January, trading on the euro closed slightly up after Bloomberg landed a blow on the dollar during the European session. The news agency reported that China is planning to reduce or stop its purchases of US government bonds.
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10 January 2018

Media reviews

Tina Pham

Dollar suffers big drop after report China may halt bond buys (news: 10/01/18)

LONDON (Reuters) - The U.S. dollar slumped on Wednesday after a report that China was ready to slow or halt its U.S. treasury purchases, with the greenback posting its biggest single-day drop against the Japanese yen in nearly eight months.
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Market sessions

Gabriel Ojimadu

EURUSD: expect 1.19 to be tested

Trading on the euro/dollar pair has closed down for the 3rd day in a row. This downwards correction comes to 173 pips. The euro has come under pressure after news from Japan (via the EURJPY cross), growth in US bond yields, as well as some technical factors.
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