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European Gas Jumps, while the Euro and Yen Slump

November 17, 2021
Overview: The prospects that the 6.2% CPI will prompt the Fed to move quicker continue to underpin the dollar.  The euro fell to about $1.1265, its lowest level since last September, and the Japanese yen slumped to a fresh four-year low.  The JP Morgan Emerging Market Currency Index tumbled 1% yesterday, the largest decline since February.  A more…
European Gas Jumps, while the Euro and Yen Slump European Gas Jumps, while the Euro and Yen Slump Reviewed by Marc Chandler on November 17, 2021 Rating: 5
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