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Forex market reviews

07 February 2018

Media reviews

Tina Pham

Germany's CDU and SPD reach coalition deal (news: 07/02/18)

Angela Merkel’s Christian Democratic Union has agreed on the terms of a coalition deal with the centre-left Social Democrats following marathon talks in Berlin, German media has reported.
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Market sessions

Gabriel Ojimadu

EURUSD: consolidating around the balance line

On Tuesday the 6th of February, trading on the euro/dollar pair closed slightly up. The euro dropped to 1.2315 before recovering to 1.2404 (+89). Turmoil on the US stock market subsided to help euro bulls recover their losses. At the end of the day, the indices closed between 1.7% and 2.3% up.
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06 February 2018

Media reviews

Tina Pham

Rolling world stock sell-off runs to $4 trillion (news: 06/02/18)

LONDON (Reuters) - World stock markets nosedived for a fourth day running on Tuesday, having seen nerves about higher interest rates and overcooked valuations wipe $4 trillion off what just eight days ago had been record highs.
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Market sessions

Tomasz Wisniewski

Daily analytical report (06/02/18)

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With stock market and crypto market crashes, we're looking at some of the world's major stock indices (SP500, DAX, FTSE) as well as bitcoin, the world's leading cryptocurrency in terms of market cap.
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Market sessions

Gabriel Ojimadu

EURUSD: Euro bears check for stop levels below 1.2385

On Monday the 5th of February, trading on the euro/dollar pair closed down. The euro initially recovered to 1.2475 before slumping to 1.2399. The euro depreciated on the back of a rising dollar and US bond yields.
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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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