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Why China's Yuan, not the Euro, could become the dominant global currency In many ways, it might seem like the obvious thing the Euro is used by more people than there are Americans using Dollar. So surely that should mean that the Euro becomes a dominant currency, right? After all, both trading blocks are made up of very big spenders indeed. So surely the Euro should be ...
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| EUR/USD Weekly Technical Forecast: When Will the Euro Break its Range? Heading into last week the euro was set up to rally from a confluence of support, but the power at which it did so was uninspiring. While the ... But with the trading range for the past three months ranking as one of the tightest in the euro's existence, something has to give likely sooner rather than later.
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| The Pound-to-Euro Rate's Forecast for the Week Ahead The week ahead looks likely to be rather quiet for the Euro from a data perspective. The main release is probably the ZEW economic sentiment gauge out on Tuesday at 10.00 GMT. This is considered a reliable forward indicator of economic growth in the region so is widely watched. The ZEW in March is ...
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| Yen | ||||||||
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| USD/JPY analysis: yen to strengthen on run to safety There are no macroeconomic figures scheduled in Japan for the upcoming Asian session, but the conflict in Syria and the missile attack from occidental allies will likely result in some demand for the safe-haven yen at the weekly opening. The daily chart for the pair shows that it holds around March's high ... USD/JPY Fundamental Weekly Forecast – Risk On? Risk Off? Traders Will Respond to Risk ... - FX Empire
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| US Dollar Finishes Higher Against Yen, but Lower Against Other Major Currencies The selling pressure against the U.S. Dollar started early last week with the Greenback breaking sharply against a basket of currencies in a continuation of the move that began the previous Friday in reaction to the weaker-than-expected U.S. Non-Farm Payrolls report. The catalysts behind the weakness ...
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| Reliance Jio signs 53.5 bn yen 'Samurai' term loan agreement Reliance Jio signs 53.5 bn yen 'Samurai' term loan agreement. April 14, 2018, 10:46 AM IST. Reliance Jio signs 53.5 bn yen 'Samurai' term loan agreement. Mumbai Reliance Jio Infocomm Ltd (RJIL) on Friday signed a 53.5 billion Japanese yen "Samurai Term Loan" with 7 year bullet maturity.
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| Stocks Dip, Oil Gains; US Bank Shares Fall For the week, the S&P 500 was up 2 percent, the Dow rose 1.8 percent and Nasdaq gained 2.8 percent. The pan-European FTSEurofirst 300 index rose 0.10 percent and MSCI's gauge of stocks across the globe shed 0.15 percent. The MSCI index ended the week with its strongest performance in five.
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| Wall St opens higher after strong big banks earnings The price of crude oil rose to a three-year high as investors focus on tensions in the Middle East. Citigroup also reversed course to trade 1.8 percent lower after its results. The Dow Jones Industrial Average rose 140.59 points, or 0.57 per cent, to 24,623.64. The Nasdaq Composite added 39.68 points, ...
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