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Sterling Charges Ahead on Brexit Hopes

November 29, 2017
Prospects of a deal with the EU has sent sterling to its best level in two months against the dollar.  It reached $1.3430 in early European turnover.  It had sunk to nearly $1.3220 yesterday as European markets were closing, which was a four-day low.   It is the strongest of the major currencies today, gaining about 0.4%.  With today's gains h…
Sterling Charges Ahead on Brexit Hopes Sterling Charges Ahead on Brexit Hopes Reviewed by Marc Chandler on November 29, 2017 Rating: 5
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Great Graphic: US 2-year Yield Rises Above Australia for First Time since 2000 Great Graphic:  US 2-year Yield Rises Above Australia for First Time since 2000 Reviewed by Marc Chandler on November 28, 2017 Rating: 5
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Greenback Ticks Up in Cautious Activity

November 28, 2017
The US dollar is consolidating its recent losses with a small upside bias.  What promises to be an eventful week has begun with the Bank of England stress test and the publication of the Fed's Powell prepared remarks for his confirmation hearing to succeed Yellen as Chair.  


Unlike last year, this year's BOE stress test saw all seven banks …
Greenback Ticks Up in Cautious Activity Greenback Ticks Up in Cautious Activity Reviewed by Marc Chandler on November 28, 2017 Rating: 5
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