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US$ surges to 11-month high as bond rout continues

Tuesday, November 15, 2016 - 05:50

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The US dollar surged to an 11-month high against a basket of major currencies on Monday, resuming gains driven by rising US bond yields and expectations for inflation since Donald Trump's US election victory.

London

THE US dollar surged to an 11-month high against a basket of major currencies on Monday, resuming gains driven by rising US bond yields and expectations for inflation since Donald Trump's US election victory.

China's yuan lost another third of a percent to fall to its

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