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Forex market reviews

07 March 2018

Media reviews

Tina Pham

Donald Trump's top economic adviser Gary Cohn quits (news: 07/03/18)

Gary Cohn, Donald Trump’s top economic adviser, has quit, the latest in a series of high-profile departures from the Trump administration.
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Market sessions

Gabriel Ojimadu

Buyers get cold feet ahead of the ECB meeting

On Wednesday the 7th of March, during the European trading session, the US dollar showed some mixed dynamics. It’s currently trading down against the safe havens (yen, franc, gold), while trading up against the other majors (loonie, Aussie, Kiwi, pound).
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Market sessions

Tomasz Wisniewski

Daily analytical report (07/03/18)

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Today we look at the US dollar index, bitcoin, and DAX.
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Cryptocurrencies

Veselin Petkov

Nearly the whole of the crypto market is in the red

In the first half of today’s trading, nearly all the major cryptocurrencies have moved into negative territory. According to CoinMarketCap, 95 out of the top 100 cryptocurrencies (in terms of market cap) are now trading down compared to yesterday. As a result, the total market cap of the cryptocurrency market has dropped by 31bn USD from 459bn to 428bn.
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Market sessions

Gabriel Ojimadu

EURUSD: euro could retreat to 1.2385 ahead of the ECB meeting

On Tuesday the 6th of March, trading on the euro closed up. News from North Korea instilled buyers with some fighting spirit. This news eased geopolitical tensions and created an appetite for risk. The euro rose against the dollar by 92 pips, moving from 1.2328 to 1.2420.
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06 March 2018

Media reviews

Tina Pham

Stocks- North Korea Talks, Tariff Resistance Lifts Wall Street (news: 06/03/18)

Investing.com – Wall Street rose on Tuesday as potential talks between North Korea and the U.S. and global resistance to proposed metal tariffs boosted investor confidence.
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Market sessions

Tomasz Wisniewski

Daily analytical report (06/03/18)

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With global stock still trying to recover from the recent turmoil, we look at the situations on the FTSE and DAX. We will also take a look at something from the Forex market as we assess the situation on the GBPJPY currency pair.
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Market sessions

Gabriel Ojimadu

EURUSD: sideways movement below 1.2360 continues

On Monday the 5th of March, trading on the euro closed slightly up. The single currency recovered to 1.2349 after having dropped to 1.2269. The dollar has yet to readjust since the introduction by the US of aluminium and steel import tariffs, so the euro bulls, smelling weakness, have quickly seized the initiative.
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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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