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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Dollar, Stocks Drop as Michael Flynn Steps Down

February, 14 2017
watermark Economic news

Japanese stocks dropped and shifted the market’s focus from a global rally after US benchmarks recorded fresh new highs as the dollar weakened as a reaction to the resignation of Trump’s security adviser Michael Flynn. Flynn’s cause for resignation was apparently due to the ex-adviser’s contacts within the Russian government. The dollar extended its losses against other currencies and Japan’s Topix also weakened as the JPY regained its losses. 


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.