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Dollar extends rally as risk sentiment improves
Published Thu, Apr 14, 2016 · 09:50 PM
London
THE dollar rose on Thursday, having posted its biggest one-day gain in over a month a day before, as improved risk sentiment led investors to trim positions in low-yielding currencies like the yen and the euro.
A surprise policy easing by Singapore's central bank, citing a tougher outlook for economic growth, also boosted stocks in Asia and gave the dollar a lift against the city-state's currency.
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