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US dollar holds onto payrolls gains, NZ dollar rises after election
TOKYO: The US dollar traded not far from a 1-1/2-year high versus the euro and a seven-month high on the Aussie on Monday, after surging by the most in nearly six months on Friday as robust US jobs data pushed up bets for higher interest rates. New Zealand’s currency bounced from a seven-month trough after too-close-to-call weekend elections weakened the government, although the country will need to wait until late this month to find out who will govern as vote counting continues. The US dollar index , which measures the currency against six major rivals including the euro, was steady at 10...
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