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Euro News

Euro News


“Market participants might bank on the ECB following in the Fed’s footsteps earlier after all if the economic environment improves further, which would be a reason to prefer the euro over the dollar,” Commerzbank strategists said in a note.

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Dollar News

Dollar rebounds


“The dollar is fighting back a little bit but there’s still some caution, as it could still be a few weeks until we know the outcome of the tax reform bill,” said Rabobank currency strategist Jane Foley, in London.

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Bit coin news

Bit coin gains 55% in november


“A correction could bring bitcoin back to its previous level of chart support of around $7,500. That’s over a 20 percent drop from its current price,” said Shane Chanel, equities and derivatives adviser at ASR Wealth.

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Dollar News

Dollar steady against yen


Dollar was last at 112.510 yen, unchanged on the day, after it was decided that the U.S. Senate will not vote on the tax bill late on Thursday night U.S. time but would continue the debate on Friday.

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GBP consolidates

GBP consolidates


The pound surged yesterday after it emerged that the United Kingdom and European Union are close to agreeing on a final sum for the Brexit divorce bill. 

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Currency News

GBP driven higher as markets rush to buy weakened pound


Sterling is on uncertain form so far this morning. GBP/EUR is stuck opening levels at €1.1349, while GBP/USD has weakened -0.2% to US$1.3152. GBP/AUD is flat around A$1.7150, while GBP/NZD is stuck at NZ$1.8989. GBP/CAD is creeping below opening levels and is currently in the region of C$1.6749.

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Sterling News

Sterling slips on worries over Britain's economic health


“Soft UK data this week reflect a poor month for the consumer in October,” said Mizuho’s head of hedge fund currency sales, Neil Jones. “The numbers should (justify) the recent BoE ‘dovish hike’”.

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Dollar Index Changes

Policy divergence bets drive dollar gains, pull euro lower


The dollar index, which tracks the greenback against six major currencies, was up 0.35 percent at 95.091. The index is just shy of the three-month high of 95.150 hit late last month. The euro was 0.31 percent lower to $1.1573 against the dollar. Its session low was $1.1555, its lowest since July 20. The British pound was 0.43 percent lower against the dollar. The Australian dollar AUD=D4 slipped 0.68 percent to $0.7638 against the greenback.

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Dollar Drops

Dollar Drops


Dollar drops against all major currencies

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Streling news

sterling slips


Sterling extended the previous two days’ losses on Thursday as a struggling retail sector and a widening trade deficit raised concerns among some investors that the currency’s recent gains could be overdone.

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