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Dollar hits 4-month high against euro on Fed taper talk

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Dollar hits 4-month high against euro on Fed taper talk | Hellenic Shipping News Worldwide

The dollar hit a four-month high versus the euro on Tuesday after upbeat U.S. jobs data bolstered expectations that the Federal Reserve could soon start tapering its massive bond-buying programme. Analysts said the dollar was getting support from rising U.S. bond yields, as the prospect of reduced Fed stimulus weakened bond prices. U.S. job openings, .

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