u.s: Bloomberg dollar index climbed the most since 2008 in the two weeks just past amid speculation U.S. President-elect Donald Trump reflationary economic policies will trigger higher interest rates, according to Bloomberg. The yen rose after Japan issued a warning for a possible three meter tsunami on the coast of Fukushima, home to the nuclear power plant destroyed by a March 2011 earthquake. function global function ad Code dimensions id 1 0 2 1 10 strategy targeting targeting Modifiers ; ; window ; Speculators are broadly not so bullish on the U.S. dollar, said Janu Chan, a senior economist at St. Wagers among large speculators for the U.S. currency to rise against eight major peers climbed by only 15 contracts to a net 221,204 in the week through Nov. 15, according to data from the Commodity Futures Trading Commission. George Bank Ltd. in Sydney. The Bloomberg Dollar Spot Index, which tracks the currency against 10 major peers, fell 0.4 percent as of 5 p.m. in New York after a two-week, 4.7 percent surge. The rally since Trump victory is more of a sugar kick, and the risk is that the U.S. dollar will top out soon.
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