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HomeBusinessDollar rises to 19-month high as Fed hike bets grow, yen wobbles

Dollar rises to 19-month high as Fed hike bets grow, yen wobbles

TOKYO, Nov 12: The dollar rallied to a 19-month high against its major peers on Thursday as traders bet on further Federal Reserve rate hikes, while the yen wobbled after comments from a dovish central banker and Japan’s top currency diplomat warning of volatility. Traders ramped up bets on further Fed tigh

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