Current-account surpluses back in favour as currency traders search for safe havens
That's the key quality behind five rising major currencies
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London
THE shakeout in global markets is sending currency traders back to basics.
All five of the major currencies to have strengthened against the dollar in the past month - from the euro and yen to Sweden's krona - are from economies that enjoy a surplus in their current accounts, or broadest measures of trade.
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