A rejection by the SPD, on the other hand, is likely to exert downward pressure on the world's most traded currency pair, as uncertainty heightens and the probability for early elections rises dramatically. An unstable political situation in Germany would also diminish the likelihood that a Franco-German …
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It's been another quiet night of trade in the FX market marked mainly by risk aversion flows that saw all high beta currencies sell off as both Nikkei and Dax dropped by more than 1%. With equities in the doldrums, the Aussie slid the furthest hitting a low of .7711 in early European dealing with the move …
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In North American trade, the spot price for an ounce of gold is $1335.14, up 0.15% on the day. On the release front, the … Kenny writes a daily column about current economic and political developments affecting the major currency pairs, with a focus on fundamental analysis. Kenny began his career in …
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The digital currency fell below $8,000 on the news that more and more financial institutions are refusing to allow Bitcoin transactions. Bitcoin's roller coaster ride in the market has been mostly negative in 2018 as countries and banks crack down on its use and have imposed new regulations on its trading …
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