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Global market watch - 24th May 2017

USD

The US Dollar managed to stage a recovery after weakness yesterday on the back of a general firming of US interest rates. Yesterday, Fed's Harker, although not one of the Troika of Yellen, Fischer or Dudley said that a US rate hike in June was a “distinct possibility.”  Minnesota Federal Reserve Bank President Neel Kashkari, a noted dove and a... Read more

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Associated Foreign Exchange (AFEX) is licensed as a money transmitter and regulated by the State of New York Banking Department. AFEX is licensed by the State of California and regulated by the Department of Financial Institutions.