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Dollar Climbs to Strongest Since 2003 on Fed Path; Bonds Drop

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by
Cecile Gutscher
and
Jeremy Herron
December 14, 2016, 6:15 PM EST December 15, 2016, 4:12 PM EST

The dollar rallied to its strongest level since 2003 against the euro, while gold plunged as the prospect of a steeper path for U.S. interest rates going forward filtered through markets. U.S. stocks rebounded from their worst day in two months as havens retreated.

https://www.bloomberg.com/news/articles/2016-12-14/dollar-on-top-as-fed-pulls-the-trigger-asia-index-futures-mixed

 

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