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Forex market reviews

12 February 2018

Media reviews

Tina Pham

Britain to add Nigeria's naira to list of accepted trade currencies (news: 12/02/18)

LAGOS (Reuters) - Britain’s export finance agency will add the naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency.
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Market sessions

Gabriel Ojimadu

Forex market review (12/02/18)

Today, on the 12th of February, the US dollar on the whole is trading slightly down in the Asian session compared to Friday’s closing prices. The US dollar index (DXY) is currently trading around the 90.04 mark (-0.22%), while the EURUSD pair is trading at 1.2287 (+0.30%). This minor decline for the dollar is the result of a rebound on the EURUSD pair from the 1.2240 support.
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09 February 2018

Media reviews

Tina Pham

Savaged stocks head for worst week since 2011 (news: 09/02/18)

LONDON (Reuters) - Reeling world stock markets took another blow on Friday when Chinese shares sank 4 percent, as concern about rising borrowing costs and soaring volatility put them on course for their worst week since the height of the euro zone crisis.
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Market sessions

Gabriel Ojimadu

EURUSD: buyers trying to induce a reversal

On Thursday the 8th of February, trading on the euro closed slightly down. A low of 1.2212 was hit on the back of a sharp jump on the British pound and the collapse of the EURGBP cross following the conclusion of the Bank of England’s meeting.
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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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