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British Pound Weakness to Abate on Less-Dovish BoE
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01 Oct 2016 16:11
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DailyFX
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The long-term outlook for the British Pound remains tilted to the downside as the U.K. remains on course to depart from the European Union (EU), but the bearish sentiment surrounding the sterling may abate over the remainder of the year as the Bank of ...
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Japanese Yen Poised to Gain Further For Three Key Reasons
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01 Oct 2016 13:45
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DailyFX
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The Japanese Yen heads into the end of 2016 trading near multi-year highs versus the US Dollar, and economic developments suggest the JPY may finally break the ¥100 level before the year is through. Continued inaction from both the Bank of Japan and ...
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Yuan Joins Dollar, Pound, Yen, Euro as Reserve Currency
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01 Oct 2016 08:18
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Voice of America
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China's currency formally joins the U.S. dollar, the euro, the Japanese yen, and the British pound as a global reserve currency on October 1. The International Monetary Fund will include the yuan, also known as the renminbi, in a "basket" of currencies ...
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Australian Dollar gains then reverses
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01 Oct 2016 07:56
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Thinking Australia News
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Australian Dollar then lost ground against US news and buoyed Fed interest rate hike projections. Australian Dollar lost further ground to a firmer Sterling on Friday, according to currency specialists TorFX.
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No Govt Governance Leaves Nation Facing 'Financial Disaster'
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01 Oct 2016 07:22
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Bahamas Tribune
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#“Now because of the Government's total lack of accountability and total lack of transparency, I am left to rely on what information I can get with respect to a devaluation of the Bahamian dollar, but I believe that devaluation is almost certain to ...
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