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Weekly Forex Forecast for 5 – 9 September 2016

    Weekly Forex Forecast for 5 – 9 September 2016

First, a few words about the forecast for the previous week: Regarding the outlook for EUR / USD, the right were those 50% of the experts, who claimed that the

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Oil is falling on the background of the dollar strengthening and the fear of the market glut

    Oil is falling on the background of the dollar strengthening and the fear of the market glut

Oil quotes have fallen on Monday, losing the benefit of 3 percent, which was gained at the last auction. In its turn, the US dollar is increasing. The anxiety about

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The ruble has risen against the weak NFP statistics

    The ruble has risen against the weak NFP statistics

The last trading session of the week the ruble has finished with an increase against the US dollar on the rather weak statistical data regarding the US labor market and

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Russian Visa cards have stopped working abroad

    Russian Visa cards have stopped working abroad

The agency “Rosbalt” informed that a number of Visa cardholders issued in Russia, complain that lately their cards don’t work properly during operations abroad. For example, one of the clients

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Samsung securities have fallen by 2% due to the exploding batteries of a new gadget

  Samsung securities have fallen by 2% due to the exploding batteries of a new gadget

On Thursday, 1 September the securities of Samsung Corporation lost 2 %. As reported by The Associated Press, it was

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Novak: it is unlikely that OPEC will discuss the level of oil freeze in Algeria

  Novak: it is unlikely that OPEC will discuss the level of oil freeze in Algeria

Alexander Novak, Minister of Energy of the Russian Federation, said that commodity-exporting countries, which are a part of the OPEC

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The US sanctions won’t harm Gazprom. The company continues to build the eastern route

  The US sanctions won’t harm Gazprom. The company continues to build the eastern route

Answering the questions of journalists behind the scenes of the World Economic Forum 2016, the head of Gazprom  Alexei Miller

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Oil quotes have started to grow again after the previous fall

  Oil quotes have started to grow again after the previous fall

To the beginning of the session the quotations of futures for November contracts have grown by $ 0.31 and became

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The statements of the Saudi Minister has stabilized oil prices

  The statements of the Saudi Minister has stabilized oil prices

Oil has become stable on Thursday, responding to the statements of  Khalid al- Falih, Oil Minister of Saudi Arabia, that

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China’s stock market has fallen. Hong Kong has risen to the highest since August 2015

  China’s stock market has fallen. Hong Kong has risen to the highest since August 2015

As a result of the trading session on Thursday China’s stock indexes have fallen. They are put under pressure by

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