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Forex market reviews

28 February 2018

Media reviews

Tina Pham

Sterling hits two-week low after warning about Brexit transition deal (news: 28/02/18)

LONDON (Reuters) - Sterling skidded to a two-week low on Wednesday after the EU’s chief Brexit negotiator said a transition deal was not guaranteed and Britain’s prime minister said the EU’s draft legal text would undermine the United Kingdom.
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Market sessions

Gabriel Ojimadu

EURUSD: trend line breakout on the daily timeframe

On Tuesday the 26th of February, trading on the EURUSD pair closed down. The euro dropped to 1.2221, while the US dollar index (DXY) hit a 3-week high of 90.49.
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27 February 2018

Market sessions

Gabriel Ojimadu

EURUSD: pair trading around the LB balance line

On Monday the 26th of February, trading on the euro closed up. In the European session, the euro jumped against the dollar to 1.2355 before retreating to 1.2278 ahead of ECB president Mario Draghi’s speech.
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Alexander Razuvaev
Alexander Razuvaev

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