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14/ 02/ 2017
Euro declined against the dollar on Monday as the dollar was lifted by increased hopes of U.S. tax cuts to stoke corporate profits and investments as well as bets on whether the Federal Reserve might raise interest rates more quickly.
Today afternoon in the US, the focus will be on Fed Chair Janet Yellen, who will be speaking before the Senate Banking Committee in Washington. As always, markets will look to her remarks for clues as to the next action the Fed may take and when.
13/ 02/ 2017
The US dollar recovered as Trump had a calmer week. This provided the ground for a much-needed correction. The Euro was specifically hit by various political worries while the New Zealand dollar dropped on the relative dovishness of the RBNZ.
Federal Reserve Chair Janet Yellen's semi-annual testimony is to take place on Tuesday & Wednesday. Though two days in two different houses, the first day in the Senate will likely cover the gamut of concerns of US growth, fiscal stability, global risks and the implications of trade proposals from the Trump administration.
09/ 02/ 2017
The House of Commons will vote for the last time on the Brexit bill today that will then pass to the House of Lords. The bill is expected to pass, with the focus on the possible amendments it will receive from policymakers. The Day will end with Initial jobless claims from USA. It is a measure of the number of people filing first-time claims for state unemployment insurance. It provides a measure of strength in the labor market.
08/ 02/ 2017
Marine Le Pen the leading candidate who is running for the presidency of France has put down her 144 to-do-list. She states that if she gets elected in the upcoming elections, one of that majorly looked upon is that “Exiting from European Union” is considered as a top priority of her propaganda and to take control of their immigration inflows of the country.
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