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US$ soars on prospect of parity with euro
Published Wed, Nov 16, 2016 · 09:50 PM
London
THE US dollar soared to its highest since April 2003 against a basket of currencies on Wednesday, reaching its strongest in a year against the euro as major banks and investors debated the possibility of another move towards euro-US dollar parity.
After a week-long rally driven by the post-election surge in US bond yields, some of the major banks have been sounding more c…
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