18-11-2016 19:20 via news.yahoo.com

Dollar index set for biggest two-week rise in 20 months

The dollar rose to its highest level since April 2003 against a basket of currencies on Friday and was on track for its largest two-week increase since March 2015, as traders piled bets on a massive dose of fiscal stimulus under a Trump U.S. presidency. Also stoking the dollar rally were growing expectations the Federal Reserve would raise interest rates next month on signs of rising inflation and improved economic growth. The greenback has climbed about 7 percent against the yen in two weeks, w
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