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Forex market reviews

08 June 2018

Market sessions

Tomasz Wisniewski

Daily analytical report (08/06/18)

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EURUSD bouncing on the daily chart, GBPJPY showing a strong sell signal, and USDRUB has a clear buy signal.
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Market sessions

Gabriel Ojimadu

EURUSD: dollar on the attack as trading opens in Europe

On Thursday the 7th of June, trading on the euro closed up against the greenback. The pair continued on its upwards trajectory, emboldened by the announcement from Peter Praet that the ECB is set to discuss its bond-buying program next week, and set a date for its termination.
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07 June 2018

Media reviews

Tina Pham

Euro and bond yields extend rally on ECB while risk appetite grows (news: 07/06/18)

LONDON (Reuters) - The euro and bond yields rose on Thursday as investors priced in an early wind-down of European Central Bank stimulus, while renewed risk appetite drove world stocks to a 3-1/2 week high.
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Market sessions

Tomasz Wisniewski

Daily analytical report (07/06/18)

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USDJPY is bearish, NDZJPY is bullish, and gold is waiting for a breakout.
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Market sessions

Gabriel Ojimadu

EURUSD: euro in demand over expectations of QE reversal

On Wednesday the 6th of June, trading on the euro closed up. Traders were active at the beginning of the European session. There was a surge in volatility during ECB chief economist Peter Praet’s speech. He confirmed that the ECB’s executive board will discuss when to end the bank’s bond-buying program. The exchange rate went up to 1.1796 on the back of this. The session’s bullish trend was helped along by the euro crosses.
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Alexander Razuvaev
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