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CURRENCIES

US dollar at 3-week high; euro, yen weaken

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The US dollar rallied to a three-week high against the euro and a basket of currencies on Wednesday on renewed expectations that the Federal Reserve could raise interest rates soon.

London

THE US dollar rallied to a three-week high against the euro and a basket of currencies on Wednesday on renewed expectations that the Federal Reserve could raise interest rates soon.

US consumer prices recorded their biggest increase in more than three years in April as