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Monthly archive April, 2018

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USD/JPY climbs as Xi promises plans to ‘open’ up China
FX News 11046
6 years ago admin

USD/JPY climbs as Xi promises plans to ‘open’ up China

The dollar rebounded versus the yen on Tuesday, as risk appetite improved following a speech by Chinese President Xi Jinping announced plans to ‘open’ China’, including promises to cut import tariffs which alleviated concerns about a trade conflict between the Read More →

European Economics Preview: France Industrial Output Data Due
FX News 11046
6 years ago admin

European Economics Preview: France Industrial Output Data Due

Industrial production from France and Italy are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases consumer and producer prices for March. Inflation is expected to rise to 2.4 percent Read More →
Coinbase In Talks To Register With SEC: Report
FX News 11046
6 years ago admin

Coinbase In Talks To Register With SEC: Report

Coinbase, one of the leading cryptocurrency exchanges, is reportedly trying to get registered with the US securities watchdog as a licensed brokerage firm and a digital trading platform, as regulators are closely watching the growing virtual currency industry. The San Read More →
Dollar shrugs off Friday’s losses and closes week close to flat; NFP data has not helped USD
FX News 11046
6 years ago admin

Dollar shrugs off Friday’s losses and closes week close to flat; NFP data has not helped USD

The USD was on the losing end once again last Friday, however managed to close the week at a nearly flat level as the US Dollar index manages to hold a grip on 90 levels. Continuing to dominate the Dollar’s Read More →

Cryptocurrency Daily Roundup – Apr. 6
FX News 11046
6 years ago admin

Cryptocurrency Daily Roundup – Apr. 6

Bitcoin failed to find support around $6,600 and now risks drifting lower to $6,000 as concerns over regulation and taxation weigh on market sentiment. A crypto exchange in Japan, which used to be one of the biggest until a massive Read More →
German Industrial Output Falls Most Since 2015
FX News 11046
6 years ago admin

German Industrial Output Falls Most Since 2015

Germany's industrial production declined at the fastest pace in two-and-a-half years in February largely on weak construction activity. Industrial output dropped 1.6 percent month-on-month in February, in contrast to a revised 0.1 percent rise seen in January, data from Destatis Read More →

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