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US Pres. Trump announces executive action targeting companies trading with N. Korea - LiveSquawk

US President Trump recently announced that he was giving an executive order targeting individual companies that were trading with North Korea, as reported by LiveSquawk.

Key quotes (via LiveSquawk):

  • Aim of order is to cut off sources of revenue to N.Korea
  • PBoC has told Chinese banks to end N.Korea business
  • Effort will target N.Korean shipping, trade networks
  • Order gives treasury discretion to sanction foreign banks that conduct transactions tied to trade with N.Korea

EUR/USD rises toward mid-1.19s as DXY drops below 92

After spending the majority of the day in a narrow band below the 1.19 handle, the EUR/USD pair gained traction in the last hour and started to erase
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Fed policy is still likely to feature strongly as an influence in coming months - Rabobank

"Federal Reserve Chair Yellen yesterday referred to the recent moderation in US inflation as a “mystery”. The lack of a clear correlation between fall
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