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Forex market reviews

11 July 2018

Media reviews

Tina Pham

China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods (news: 11/07/18)

BEIJING/WASHINGTON (Reuters) - China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent tariffs on $200 billion of Chinese goods.
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Market sessions

Gabriel Ojimadu

Dollar holding up against most other currencies

The greenback is trading up against all major currencies in this Wednesday’s European session. The biggest loser is the Aussie, which has shed 0.76% against the dollar. Not far behind is the Kiwi dollar, which has declined by around 0.59%. The euro is currently 0.1% down.
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Cryptocurrencies

Veselin Petkov

Bitcoin forecast (11/07/18)

Bitcoin is currently trading at 6,341 USD on the Bitfinex exchange. This marks a 3.28% decline from yesterday.
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Market sessions

Tomasz Wisniewski

Daily analytical report (11/07/18)

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There's a nice but risky technical setup on the CADCHF pair, there's a sell signal on NZDCHF, and NZDUSD has returned to a downtrend.
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Market sessions

Gabriel Ojimadu

EURUSD: the price may remain between 1.1691 and 1.1791 until the end of the day

On Tuesday the 10th of July, trading on the euro closed slightly down. During European trading, the euro fell to 1.1691. Buyers managed to win back most of the losses by the close of the day. The downward correction on the dollar index contributed to the price recovery. The market seems to have calmed down after the resignations of British government ministers. The price returned to 1.1750.
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10 July 2018

Media reviews

Tina Pham

Sterling edges up from day's lows; data, politics eyed (news: 10/07/18)

LONDON (Reuters) - Sterling rose from the day’s lows on Tuesday though investors were wary of pushing it higher before data that may raise hopes of an interest rate hike in August and rising political uncertainty after the resignation of two top ministers.
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Market sessions

Tomasz Wisniewski

Daily analytical report (10/07/18)

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Gold, NZDUSD, and NZDCHF are all looking down today.
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Market sessions

Gabriel Ojimadu

EURUSD: risks to break through the trend line

On Monday the 9th of July, trading on the euro closed slightly up. And after a drop in the American session, a long wick formed on the daily candlestick, a sign that the market is transitioning into a bearish phase.
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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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