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Day: March 19, 2018
March 192018
Pound Climbs on Reports About Brexit Transition Deal
The Great Britain pound jumped today against its most-traded peers on news that the United Kingdom and the European Union have reached a transition deal that would keep trade between the UK and the EU. Analysts were bullish on the sterling at the start of the current trading session, hoping that Britain and the EU will reach an agreement that would allow trading between the two to remain unhindered after the Brexit for at least couple of years before […]
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March 192018
Japanese Yen Loses Intraday Gains
The Japanese yen gained during the Asian trading session but has lost its gains by the start of the European session and is trading below the opening level now. The Bank of Japan released the Summary of Opinions at its March policy meeting, revealing that policy makers wanted to maintain the current extremely accommodative monetary policy: There is no change in the judgment that it is necessary to continue pursuing powerful monetary easing […]
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