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Dollar rises against yen as risk appetite returns

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THE dollar rose against the safe-haven yen on Monday as upbeat data and a push-back of interest rate hike expectations restored some risk appetite to financial markets after a bout of jitters over global growth - PHOTO: BLOOMBERG

London

THE dollar rose against the safe-haven yen on Monday as upbeat data and a push-back of interest rate hike expectations restored some risk appetite to financial markets after a bout of jitters over global growth.

Wall Street rallied and US Treasury yields rose on Friday after

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