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What we need to know before the European Session

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European markets will open with an increase on Friday amid the rise in the dollar, after hitting 17-month low against the yen, helped by soothing statements by the central banks in Japan and America.

London's FTSE 100 is expected to open with an increase of 22 points or 6159, the German DAX 16 points higher at 9547 price and the French CAC 40 is expected to open 11 points higher at 4257.

The positive sentiment comes after the dollar hit a 17-month low against the yen on Thursday and pushed. Despite aggressive incentives from the Bank of Japan, the yen still retains its strength, creating concerns about the ability of central banks to support economic growth.

The statement of Janet Yellen also helped the dollar, she said that the US economy is not a "bubble". In his statement Fed Chairman also underlined that the rise in interest rates in December was not a mistake and that the plan for two rate hikes during the year remains.

Comments on the Japanese finance minister on Friday also helped the dollar. Taro Aso said that they would take "necessary measures" against the yen sharply rising.

Asian markets traded generally lower, but in Japan the Nikkei 225 rose as oil prices also surged.


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