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Forex market reviews

28 July 2015

Commodities

Anna Kokoreva

Anna Kokoreva

Brent Could Drop to $51.5 per Barrel Today

Brent oil on Monday fell significantly due to a growth in market supply. Prices at yesterday’s close saw Brent on September contracts trading at $52.84 per barrel. The price of WTI with September delivery fell to $43.93.
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Securities

Alexander Razuvaev

Alexander Razuvaev

No New Projects for World’s Largest Oil and Gas Groups

According to information from business publications, the world’s largest oil and gas groups have decided not to pursue any new projects to preserve dividend payouts.
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Market sessions

Vladislav Antonov

Vladislav Antonov

All Eyes on Q2 UK GDP

On Monday the UK pound was under pressure before the trading session opened in the States. The euro/pound cross wouldn’t let it rise. Due to a fall in the dollar and a correction on the pound/dollar cross, it rebounded to the 90th degree.
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24 July 2015

Commodities

Anna Kokoreva

Anna Kokoreva

Till Day’s End Brent Will Trade $54.5-55.5

Friday has seen the oil market falling. Brent oil this morning was trading at $55.2 per barrel. The price of WTI with September delivery was on offer for $48.8.
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Market sessions

Analyst Contest participant

Alpari Analyst

Eurozone Economies Recovering at Modest Rate

The euro/dollar reacted to the weak Eurozone business activity data with a fall to 1.0940.
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