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Dollar rally tells Trump Treasury that the ‘house’ is losing

The dollar's surge, propelled by strong US economic data, a hawkish Federal Reserve, and surging bond yields, is gathering momentum. An increasingly interventionist US Treasury will not welcome this – and it’s a reminder that for market actions to work, governments need to be willing to go big.

Coverage (1)· Sep 24, 1:00 PM

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Reuters· Sep 24, 1:00 PMDollar rally tells Trump Treasury that the ‘house’ is losing

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