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Trump backs One China policy in call with China's Xi

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The US President Donald Trump acknowledged the One China policy in a phone conversation with the Chinese President Xi Jinping, government officials reported on Friday.
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10 Feb 2017

EUR/JPY struggles to retake 121.00

"The cross is seen rising to 122.50 in three months." - Societe Generale (based on FXStreet) Pair's Outlook [ANNOUNCE]Thursday was a rather positive day for the European currency, as it managed to erase the larger part of this week's losses against the Yen yesterday.[/ANNOUNCE] The Euro attempted to outperform the Yen again today, but upon reaching Monday's opening level the pair lost its

10 Feb 2017

Gold falls below 1,225

"The reversal was almost entirely due to the surge in the dollar that took place after President Trump revealed he had a 'phenomenal' tax plan ready for unveiling in a few weeks' time." – Edward Meir, INTL FCStone (based on Reuters) Pair's Outlook [ANNOUNCE]No matter how strong the technical perspective of a Gold surge can be, changes in the fundamental situation of

10 Feb 2017

USD/JPY attempts to break the down-trend

"The [US-Japan] summit may be a quick attempt by Japan to deal with pressure from the United States to allow the yen to appreciate." – SMBC Nikko Securities (based on Reuters) Pair's Outlook [ANNOUNCE]The US President Trump's promise to reveal a tax plan in the upcoming weeks caused the Greenback to soar, reaching a one-week high against the Japanese Yen.[/ANNOUNCE] Yesterday's rally