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China's Currency Policy Approaches Breaking Point (news: 08/02/17)

Today's press

  • In his first few weeks in office, President Donald Trump has ordered the U.S. to withdraw from the Trans-Pacific Partnership and confirmed his intention to renegotiate the North American Free Trade Agreement. The consensus is that it won’t be long before he turns his focus to China, which he calls a currency manipulator.

  • The Swiss franc’s high value, especially compared to the euro, the most important currency for Swiss exports, continues to have a negative effect on the confederation’s economy, Swiss newspaper Tribune de Geneve quoted an expert as reporting.

  • Feb. 8 (BusinessDesk) – The New Zealand dollar fell ahead of the central bank’s interest rate decision tomorrow and as the US dollar gained some traction in Asia.Wednesday 08 February 2017 05:12 PM

Next trading day's important events

Forex quotes:

  • USDJPY: 111.93
  • EURUSD: 1.0683

Indices:

  • S&P 500: 2293.08
  • NASDAQ: 5674.22

 



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