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Greenback's rally pauses at 11 1/2-year high

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THE US dollar paused after hitting an 11 1/2-year high against a basket of currencies on Monday, but expectations that the Federal Reserve will raise interest rates soon are likely to underpin the greenback.

London

THE US dollar paused after hitting an 11 1/2-year high against a basket of currencies on Monday, but expectations that the Federal Reserve will raise interest rates soon are likely to underpin the greenback.

Surprisingly strong US jobs data last Friday increased the chances

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