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FX Markets Look to Article 50 Trigger, Fed Rate Hike, Aussie Jobs, BOE (news: 13/03/17)

Today's press

  • With both house of the UK parliament on the verge of passing the Brexit bill – much faster than anticipated, mind you – the UK could be close to officially triggering its exit from the European Union. UK Prime Minister Theresa May could be finally handed the power to enact Article 50 by as early as Tuesday, which could put in stone, at least in the markets’ collective minds, that the UK is hurtling towards a ‘hard Brexit.’

  • The US Securities and Exchange Commission on Friday denied a request to list what would have been the first US exchange-traded fund built to track bitcoin, the digital currency.

  • In an effort to support and shore-up the value of Naira, the Central Bank of Nigeria (CBN) has flooded commercial banks with dollars.

Next trading day's important events

Forex quotes:

  • USDJPY: 114.66
  • EURUSD: 1.0663

Indices:

  • S&P 500: 2371.33
  • NASDAQ: 5866.65

 


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