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Forex market reviews

22 June 2018

Media reviews

Tina Pham

Wall Street set to open in black as oil prices surge (22/06/18)

Wall Street was set to open higher on Friday with the Dow on track to snap an 8-day losing streak, helped by a surge in oil prices as OPEC neared a deal to boost output, while there were no significant developments in the China-U.S. trade rhetoric.
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Market sessions

Tomasz Wisniewski

Daily analytical report (22/06/18)

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It is quite common for prices to correct themselves on Fridays and retrace some parts of the movements seen Monday through Thursday. This is the case for this week as well.
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Market sessions

Gabriel Ojimadu

EURUSD: euro bulls trying to turn the tide

On Thursday the 21st of June, trading on the euro closed up. Buyers recovered their morning and afternoon losses during the US session. The decline on the EURGBP pair stopped buyers in their tracks at around 1.1545. The euro cross came under pressure after the Bank of England meeting. The euro then followed the pound upwards, and recovered against the dollar from a low of 1.1508 to 1.1634.
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21 June 2018

Media reviews

Tina Pham

Bank of England moves closer to August interest rate rise (news: 21/06/18)

The Bank of England raised the chances of an August rate rise after its chief economist joined two other members of its rate-setting monetary policy committee voting for an immediate hike in borrowing costs.
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Market sessions

Tomasz Wisniewski

Daily analytical report (21/06/18)

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The last two weeks have not been very pleasant for price action traders. The market has been even more unpredictable than usual. This week has brought us more technical movements, and I bet that many of you are taking advantage of this.
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Market sessions

Gabriel Ojimadu

EURUSD: markets await results of Bank of England meeting

On Wednesday the 20th of June, trading on the euro closed slightly down at 1.1570. In general, the statements of the heads of the Central Bank at the conference in Portugal did not have a noticeable effect on major currencies. During the European session, the euro fell to 1.1537. When the US session came around, the price corrected to 1.1600.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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