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Euro, yen surge as risk aversion intensifies; dollar takes a hit

Tuesday, August 25, 2015 - 05:50


THE euro hit a 61/2-month high and the yen reached a three-month peak against the dollar on Monday as investors dumped riskier assets and flocked to currencies seen as safe havens on fears about a slowdown in the Chinese and global economies.

The dollar index, which measures

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