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Dollar falls off 7-month highs; sterling rebounds
Add BT as a preferred sourcePublished Tue, Oct 18, 2016 · 09:50 PM
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London
THE dollar slipped from a seven-month high against a basket of currencies on Tuesday, following US Treasury yields lower as a selloff in global bond markets took a pause for breath.
Sterling jumped one per cent in volatile trade after a British government lawyer said that Parliament would "very likely" have to ratify any deal to take Britain out of the European Union, and following stronger-than-expected inflation numbers.
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