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Forex market reviews

05 June 2018

Media reviews

Tina Pham

Dollar heads towards 6-month highs as trade war fears rise (news: 05/06/18)

LONDON (Reuters) - The dollar on Tuesday edged towards a six-month high hit last week as the latest bout in a trade war between the U.S. and its commercial partners prompted selling in emerging market currencies, but gains were capped before a summit this weekend.
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Market sessions

Tomasz Wisniewski

Daily analytical report (05/06/18)

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GBPJPY, GBPUSD, USDCHF.
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Market sessions

Gabriel Ojimadu

EURUSD: euro trying to rebound from the trend line

On Monday the 4th of June, trading on the euro closed up. Australian data brought with it a wave of bullish optimism. American traders then tamed the bulls to bring the rate back down from 1.1744 to 1.1677 (-67 pips). The US dollar shot up on the back of a rise in US10Y bond yields.
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04 June 2018

Media reviews

Tina Pham

Trade war turns Canada's G7 summit into six-plus-Trump (news: 04/06/18)

OTTAWA/WASHINGTON (Reuters) - Prime Minister Justin Trudeau this week plays host to a summit of the Group of Seven leading industrialized nations with six of the seven members outraged at the United States over a slew of recent moves by President Donald Trump.
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Market sessions

Nancy Ikemefuna

EURUSD awaits ECB and Federal Reserve meetings

The euro is on an upwards trajectory this Monday morning. Since the 31st of May, the rate has been consolidating around the 23.6 Fibonacci level at 1.1718.
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Market sessions

Gabriel Ojimadu

EURUSD: euro quick to recover after strong US employment data

On Friday the 1st of June, trading on the EURUSD pair closed down. Volatility was high during the US session after the publication of statistics from the US jobs market. This resulted in a decline for the euro to 1.1617.
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Alexander Razuvaev
Alexander Razuvaev

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