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CURRENCIES

Yellen's speech shores up US dollar

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The dollar held firm against most of its major rivals on Thursday after Federal Reserve chair Janet Yellen promised a "few" rises in US interest rates this year, halting its worst run in five months.

London

THE dollar held firm against most of its major rivals on Thursday after Federal Reserve chair Janet Yellen promised a "few" rises in US interest rates this year, halting its worst run in five months.

The greenback gained as much as one per cent on Wednesday after Ms Yellen's

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