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A currency safe haven is feeling less safe

Since the beginning of the year, the US dollar has surrendered nearly 8% against basket of major currencies

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In the estimation of many economists, the US dollar's fall reflects an assumption that Mr Trump's administration will be hard-pressed to deliver on key goals.

London

IT IS the closest thing to a certainty in the global economy. When trouble flares and anxiety mounts, people who manage money traditionally entrust it to a seemingly indomitable refuge, the US dollar.

Yet on Wednesday, in the hours after US President Donald Trump's threat to

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