Posts published in August 2017

EUR/USD Hits New Two-Year Highs on Weak US Dollar

The EUR/USD currency pair today hit a 31-month high during the North American session after the release of disappointing US advance goods trade balance data. The currency pair’s rally started on Friday…

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PBoC Sets Daily Fixing for Yuan Higher

The Chinese yuan rose against the US dollar today as China’s central bank allowed its currency to appreciate to the strongest level in more than a year. The People’s Bank of China set the midpoint for the currency…

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