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Forex market reviews

26 April 2018

Media reviews

Tina Pham

Confident Draghi lifts euro to day's highs; yields dip (news: 26/04/18)

LONDON (Reuters) - The euro held at the day’s highs on Thursday after ECB President Mario Draghi presented a relatively confident outlook for the euro zone economy, contrary to some expectations that he would take a more cautious stance after recent weak data.
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25 April 2018

Media reviews

Tina Pham

Firm bond yields push dollar to 4-month high; euro struggles (news: 25/04/18)

LONDON (Reuters) - The dollar hit a four-month high on Wednesday after a rise in benchmark U.S. Treasury yields above 3 percent rattled some currency bears and led investors to consider whether the greenback was breaking out of a prolonged weak spell.
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Market sessions

Gabriel Ojimadu

EURUSD: drop to the 45th degree likely

On Tuesday the 24th of April, trading on the euro closed up, breaking its 3-day losing streak. The main factor behind the euro’s rise was the US dollar’s universal decline. As the market underwent a technical correction, participants ignored the positive US housing and consumer confidence data. The euro then corrected to the 45th degree at 1.2245.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

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