| Global currencies have been in the news a lot lately. In December, the Federal Reserve Bank hiked interest rates. Meanwhile, the Bank of Japan (BOJ) recently tried to push its currency lower with negative interest rates.
The European Central Bank has cut rates as well. And the Chinese currency has moved lower since dropping 2% last August when the People's Bank of China let the yuan float. Despite the BOJ's best efforts the yen is up 8% this year, its strongest level against the dollar since October 2014. The euro is strengthening too...............................................Full Article: Source
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