Geopolitics

Euro firms against dollar, yen ahead of central bank meetings - WKZO

Source: WKZO

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DW NOTE

The euro is firming ahead of central bank meetings while the world's primary oil chokepoint has been closed for 241 consecutive days and inventories are draining at 1.9 million barrels per day. Currency traders pricing in 25 basis points while ignoring a 6% contraction in global oil supply is the macroeconomic version of checking your phone during a building fire.

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Euro firms against dollar, yen ahead of central bank meetings - WKZO

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