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Dollar surges after strong batch of US data

Published Thu, Nov 24, 2016 · 09:50 PM

London

THE dollar climbed past more of last year's peaks against the euro on Thursday, with only the March 2015 high of US$1.0457 standing in the way of a push towards parity that banks are again saying is on the cards.

With US markets out for the Thanksgiving holiday, trade is expected to be thinner, and the dollar set a series of new landmarks in early trade in Europe, extending its surge after another strong batch of US economic data on Wednesday.

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