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US$ strengthens, sterling volatility jumps
Published Thu, Apr 9, 2015 · 09:50 PM
London
THE dollar was on course for a third day of gains on Thursday, after confidence in its year-long rally wavered in the face of disappointing data over the past month.
On sterling, the cost of insuring against volatility over the next month, which now takes in the results of a May 7 parliamentary election, soared to the highest in more than three years.
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