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These Could Be the Euro's Five Most Important Days This Year (Bloomberg) -- For fresh highs in the euro, bulls need the go-ahead from the European Central Bank's President as well as positive politics in a make-or-break week for the currency. It's not often that a currency faces so many risk events within a short period of time. Sunday's Italian election and the ... European Central Bank publishes fresh guidelines for euro banks after four banks crash - Express.co.uk
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Pound plummets against euro and as May outlines future EU ties in Brexit speech THE pound fell against the euro following Theresa May's landmark Brexit speech earlier today in which she laid out her plans for the future relationship between the UK and the European Union. By Darius McQuaid. PUBLISHED: 20:04, Fri, Mar 2, 2018 | UPDATED: 20:16, Fri, Mar 2, 2018 ...
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Impact of a stronger euro: focus should be on inflation rather than growth - BNPP William De Vijlder, Group Chief Economist at BNP Paribas, affirmed that the euro is undervalued versus the dollar on a purchasing power parity (PPP) basis, rising the prospect of an appreciation of the euro. He added that in gauging the consequences, focus should be on inflation rather than on the ...
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Yen | ||||||||
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The Yen Emerges as the Currency-Market Winner From Trade Tensions "We might now have people dusting off their forecasts for the dollar-yen to reach 80 in 2019," said Turner, whose forecast stands at 100 for now. "Investors may be front-running potential shifts in portfolio capital into 2019 and be saying today it's worth increasing hedge ratios, and the best currency to do ...
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Yen surges as trade war concerns grip markets The Japanese yen surged to a 16-month high against the dollar as investors sold the greenback as prospects of a trade war gripped currency markets after U.S. President Donald Trump announced hefty new tariffs on steel and aluminum imports. Bank of Japan governor Haruhiko Kuroda also surprised ...
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Yen Looks Attractive on Italian Election, US Jobs Data and More The Japanese Yen was a relatively strong performer last week in the foreign exchange market. Unfortunately the same cannot be said about economic data performance from home. Local retail sales and industrial production growth all slowed down. Then, Finance Minister Taro Aso noted that there is a ...
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Dow Jones,Nasdaq,Oil, | ||||||||
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More than half of the S&P is in correction territory. Here are names to buy on the dip Markets tumbled on Thursday following President Trump's trade tariff announcement earlier in the session. The S&P 500, Dow Jones industrial average and Nasdaq composite all logged losses of nearly 2 percent each. As more than half of S&P stocks sit in correction territory from losses incurred last ...
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Dow Jones Hit Hard, Oil Falls But This Industry Sector Still Leads At 2:30 p.m. ET, the Dow Jones industrial average sank to session lows with a 1.9% drop as more than half of the Dow's 30 components lost 1 point or more, while 12 names sank 2 points or more. It's the Dow Jones' biggest single-session drop since a 4.2% drubbing on Feb. 8. The Nasdaq composite ...
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Oil Fell: Oil-Weighted Stocks Could Be in Danger A stronger US dollar could have a negative impact on commodities denominated in the US dollar. On the same day, major US equity indexes like the S&P 500 Index and the Dow Jones Industrial Average Index fell 1.1% and 1.5%. Sentiments across the equity and oil market often interact with each other.
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