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Forex Market Reviews

09 January 2018

Media reviews

Tina Pham

Euro zone unemployment falls to nine-year low as economy powers ahead (news: 09/01/18)

BRUSSELS (Reuters) - Euro zone unemployment fell to a new nine-year low in November thanks to strong economic growth, data showed on Tuesday, but the jobless rates differ widely across the single currency bloc.
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Market sessions

## wisniewski

Daily analytical report (09/01/18)

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USD is looking up for now, although this isn't expected to last. To shed some light on the bigger picture concerning the dollar, today we'll be looking at the EURUSD and GBPUSD pairs, as well as the US dollar index.
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Market sessions

Gabriel Ojimadu

EURUSD: euro gets a foothold beneath 1.20

On Monday the 8th of January, trading on the euro/dollar pair closed down. The euro dropped to the 1.1956 mark. Sellers came out to play as the European session opened and managed to bring the price back down below 1.20 by closing time.
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08 January 2018

Media reviews

Tina Pham

World stock rally rolls on with best start in eight years (news: 08/01/18)

LONDON (Reuters) - World stock markets hovered close to all-time highs on Monday as the best start to a year in eight years showed little sign of running out of steam, with the combination of strong global growth and low inflation powering the appetite for risk.
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Market sessions

Gabriel Ojimadu

EURUSD: double top forming on the daily timeframe

Trading on our main pair opened 2018 up. On the 2nd of January, buyers pushed the rate up to 1.2081. With the technical analysis providing no threats, buyers showed the fighting spirit to push higher. Their target was the 1.2092 high from the 4th of September, 2017.
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Alexander Razuvaev
Alexander Razuvaev

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Gabriel Ojimadu

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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