Dollar Hits Two Week High Against Yen – 18 October, 2017

The Dollar reached a two week high against the Yen, trading at 113.095 Yen, with support from the rise in U.S. bond yields, which rose to its highest since Nov 2008. U.S. 10- year Treasury yield hit a one week high at 2.352 percent, while the Federal Reserve is expected to raise interest rates in…
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Dollar Drops To Two Week Low – 11 October, 2017

Central bankers are concerned about low inflation as the Dollar drops to a two week low after the U.S. Federal Reserve's meeting. The Dollar index slipped to a low of 92.839, its lowest since September 26 when it hit 0.2 percent at 92.877. The Dollar also slipped against the Yen by 0.1 percent to 112.38…
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OPEC’s Efforts To Cut Production Undermined By U.S. – 11 October, 2017

Despite OPEC's efforts to cut oil production, oil prices rose as U.S. inventories rose. West Texas Intermediate was trading at %51.08, down 0.4 percent and 22 cents per barrel, while Brent crude was trading down 32 cents and 0.6 percent to $56.62. While OPEC tries to tighten the market, U.S. production is undermining their efforts…
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Euro Surpasses Dollar As Fed Hike Is Priced In- 10 October, 2017

The Bloomberg spot index declined by 0.5 percent for the third consecutive day and declined against all its G-10 peers as the Euro rose to its highest in over a week. The Euro's climb came after a speech by Catalonia's president about the regions independence referendum. The Dollar declined due to U.S. interest rates falling…
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Pound Rises As Employment Data Is Released – 9 October, 2017

The Pound was up by 0.4 percent to 89.47 pence per euro after falling 2.4 percent this passed week and up 0.4 percent to $1.3112. as U.K. employment data was release. Sterling rose above the Euro for the first time in a week and backed out of two days of losses against the dollar, climbing above…
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