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Forex market reviews

25 June 2018

Media reviews

Tina Pham

China, France agree to expand trade, EU raises 'difficult issues' (news: 25/06/18)

BEIJING (Reuters) - China said on Monday it would buy more planes and agricultural products from France and work on market access issues, shoring up its trade ties with Europe as danger mounted of a tariff war with the United States.
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Market sessions

Gabriel Ojimadu

EURUSD: the price moves towards the balance line

On Friday the 22nd of June, trading on the euro closed up. The US' trade wars with China and the EU had a negative impact on US Treasury bond yields. The yield on 10-year bonds fell from 2.92% to 2.59%. This weakening had a positive impact on the euro.
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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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