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Forex market reviews

30 May 2018

Media reviews

Tina Pham

Euro bounces off 10-month lows as Italy tries to end turmoil (news: 30/05/18)

LONDON (Reuters) - The euro recovered on Wednesday from 10-month lows after reports that Italy’s biggest party would make a renewed attempt to form a coalition government and end months of political turmoil.
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Market sessions

Gabriel Ojimadu

EURUSD: euro bulls trying to get back up

On Tuesday the 29th of May, trading on the euro closed down once again. This makes it 23 bearish candlesticks since the 17th of April. The euro is under pressure from a broadly resurgent US dollar as well as increased political risks in Italy and Spain. During trading in Europe, the pair dropped to 1.1510, after which an upwards correction began.
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29 May 2018

Media reviews

Tina Pham

Euro falls to 10-month low after Italy debt selloff (news: 29/05/18)

LONDON (Reuters) - The euro fell on Tuesday to a 10-month low after a selloff in Italy’s debt market drove investors to dump the single currency.
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Market sessions

Tomasz Wisniewski

Daily analytical report (29/05/18)

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GBPJPY, bitcoin, USDCHF
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Market sessions

Gabriel Ojimadu

EURUSD: Italy and Spain pressuring the single currency

On Monday the 28th of May, trading on the single currency closed down. It dropped to 1.1607 during the European session. Market volatility subsided during the US session Due to the fact that both the US and Canada has public holidays. Buyers, taking advantage of the off day in the US, managed to stop the EURUSD pair from falling and induced a recovery to 1.1633.
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