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Financial markets preoccupied with the direction of Fed monetary policy will have to make room for rate decisions form the RBNZ and the BOE in the week ahead.

US Dollar[1] Forecast: US Dollar Has Scope to Extend Rally on CPI Data, Powell Speech[2]

The US Dollar has scope to continue building higher after enjoying the most aggressive three-week rally in nearly two years against its major currency counterparts.

Euro[3] Forecast: Falling Inflation Makes Case for QE-Extension; Weakness May Remain[4]

The Euro correction has continued, and EUR/USD[5] is testing below the vaulted 1.2000 level. As the economic backdrop in Europe continues to slow, the possibility of further Euro losses remain.

British Pound Forecast: GBPUSD Price Action Hinges on Bank of England's Super Thursday[6]

GBP[7] fails to find reprieve after another run of uninspiring data points. Focus now turns to the Bank of England Quarterly Inflation Report.

Japanese Yen[8] Forecast: Japanese Yen May Gain if Uncertainty On Iran Deal Hurts Sentiment[9]

The Japanese Yen could rise if uncertainty over the Iran deal hurts sentiment and boosts anti-risk assets. Other domestic and external event risks could once again swing the currency.

Australian Dollar[10] Forecast: Sinking Australian Dollar Can't Look For Support In The Numbers[11]

There’s plenty of Australian economic data on tap this week, but it’s not going to shift interest-rate expectations. Therefore it’s unlikely to help battered Aussie bulls

Chinese Yuan Forecast: Yuan May Lose on Weak Exports, Gain on Warmer China-Japan Relations[12]

The Chinese Yuan may face a mixed

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currensceneFLOGO WHTsquareThough not the oldest form of currency, some form of shell money appears to have been found on almost every continent. The shell most widely used worldwide as currency was the shell of Cypraea moneta, the money cowry.

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