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US dollar up a second day on short-covering

Published Tue, Sep 12, 2017 · 09:50 PM

London

THE US dollar rose on Tuesday as investors further unwound bearish bets against it following a bounce in Treasury yields and ahead of US inflation data flagged as the next risk event for the market.

"The US inflation data is a big risk for the markets and given the extreme short dollar positioning in the market, the greenback may jum…

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