US investors heartened by dollar's recovery

By Dave Shellock in London and Anuj Gangahar in New York Mounting optimism that the US economy would outperform the rest of the developed world pushed the dollar to multi-month highs against leading currencies this week as the oil price resumed its downward path, providing support for equity markets. On the foreign exchanges , the dollar enjoyed its best one-day advance against the euro for eight years as the single currency fell briefly below the $1.50 level. The dollar also hit a 21-month high against sterling and a seven-month peak against the yen. You have viewed your allowance of free articles. If you wish to view more, click the... [read full story]                    

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