Currency market gyrations far less pronounced
London
CURRENCY markets showed far less of the panic movements gripping equities on Tuesday, with the dollar gaining slightly and traditional safe haven currencies like the Swiss Franc and the Japanese yen struggling to hold on to earlier gains.
The sell-off across world stock markets sent investors rushing into the dollar on Monday, helping the US currency bounce amid a period of prolonged weakness against the euro, British pound and commodity-linked currencies.
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