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Forex market reviews

19 March 2018

Media reviews

Tina Pham

UK and EU agree terms for Brexit transition deal (news: 19/03/18)

The UK has struck a deal on the terms of the Brexit transition period after making a series of concessions to Brussels and accepting the “back stop” plan of keeping Northern Ireland under EU law to avoid a hard border with the Republic of Ireland.
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Market sessions

Gabriel Ojimadu

EURUSD: flat expected after Friday’s decline

On Friday the 16th of March, trading on the euro/dollar pair closed down. After recovering to 1.2336, the pair dropped by 76 pips to reach 1.2260. This was brought about by positive US data, which provided support to the US dollar.
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16 March 2018

Media reviews

Tina Pham

Dollar slides against yen on U.S. political concerns (news: 16/03/18)

NEW YORK (Reuters) - The U.S. dollar fell to a more than one-week low against the yen on Friday, undermined by speculation that more top Trump administration officials could be replaced and concerns U.S. trade tariffs could hurt the global economy.
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Cryptocurrencies

Veselin Petkov

Bitcoin review (16/03/18)

Over the last 24 hours, bitcoin’s price has stabilised around the 8,000 USD mark. I reckon that bitcoin’s decline slowed down as it approached the psychological support range of 5,000 – 7,500 USD, which I believe is bitcoin’s most fundamentally reasonable price.
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Market sessions

Gabriel Ojimadu

EURUSD: drop on the hourly timeframe still incomplete

On Thursday the 16th of March, trading on the euro closed down. The US dollar yesterday made gains against all the majors. Demand for it increased after the publication of US economic data.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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