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Markets hit some turbulence

The Japanese Yen rose to 111.00.
The Dollar rose against the major currencies after the ECB revised sharply the forecast for the Eurozone economy and inflation over the next 3 years in a negative direction and launched a monetary stimulus program while China’s exports fell at the fastest rate since 2016.
EURUSD dropped to 1.1176, the lowest level since June 2016 and the Brent dropped to 65.69 dollars.
Today’s emphasis is on US employment, which is expected to grow by 180,000 in February and unemployment to remain at 3.9%

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