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Currency Market Analysis

Global Themes

The U.S. dollar was the highest flyer Friday after constructive news from Washington kept hopes alive for economy-boosting tax reform in the months ahead. The dollar gained against the euro and climbed to its highest in three months against the yen. The greenback was little changed against the loonie ahead of big data today from Canada on inflation and retail sales. The U.S. Senate overnight backed a budget deal that brought the Trump administration a step closer to advancing tax reform, a core tenet of the president’s agenda aimed at helping the economy shift into a higher gear that has long

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