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US dollar seen ready for 25% gain with or without Fed liftoff

The greenback has climbed against 15 of its 16 most-traded peers since Sept 17 as the Fed's decision to not increase interest rates compounded a selloff in equities and commodities.


THE dollar's advance won't be derailed by the US central bank's reluctance to raise interest rates, according to BT Investment Management Ltd and Saxo Capital Markets.

The US currency is strengthening as investors who used low-cost funds to purchase higher-yielding assets