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Published on Monday, May 22, 2017

Market Comment | EUR climbed further against USD, while global volatility receded

Financial markets were relatively calm (VIX returned to previous levels after last week’s peak) with global stocks mixed with no significant changes in stock or bond prices. The EUR climbed once again against the USD, after Angela Merkel said that Germany’s significant trade surplus stems from the euro’s being “too weak”. Moreover, the USD (DXY) […]

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