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China’s currency surges past 7 per dollar level for the first time since August
Author: MiguelSISY
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China’s currency surges past 7 per dollar level for the first time since August
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Crude Oil Gained Despite USD Strength. US Inventories Declined
US dollar strengthened against major currencies, except British pound. USD index rose to a 4-month high of 97.32 before retreat. GBPUSD firmed as UK’s unemployment rate unexpectedly fell below 5% in June. Meanwhile, BOE’s business conditions report suggested that economic activity has not shown signaled contraction following the EU referendum.
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Crude Oil Gained Despite USD Strength. US Inventories Declined