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Respite for bonds as US$ charge pauses
Published Thu, Nov 17, 2016 · 09:50 PM
London
BATTERED bonds and emerging market currencies enjoyed some respite on Thursday as the US dollar took a breather from a post-US election charge that has taken it to a 13-1/2 year high.
The dollar's drop against other top world currencies was a modest 0.3 per cent but marked a change of direction after eight days of back-to-back gains that have seen it jump almost 4 per cent.
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