Dollar sits pretty, bond yields rise as Fed bets firm

November 9, 2015 10:31 AM

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Dollar sits pretty, bond yields rise as Fed bets firm

LONDONThe dollar took a breather on Monday having surged to a seven-month high, while emerging, commodity and bond markets had a nervy feel after strong U.S. jobs data boosted bets on a December Federal Reserve rate hike.

European .FTEU3 and Asian .MIAPJ0000PUS shares both started the week in a subdued mood as a fresh batch of soft Chinese trade data added to the uncertainty from what is increasingly expected to be the Fed's first hike in almost a decade.

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