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US Dollar Bounces after Insurrection Put Down
After the National Guard were called to put down an insurrection in Washington, DC, the dollar is having its best day in around a week. The euro's three-day rally has been halted even though German factory orders surprised on the upside. The greenback is firmer against all the major and most of the emerging market currencies today. Equities are moving higher. All the markets in the Asia Pacific but Hong Kong rallied today after the 8-day advance stalled yesterday. Hong Kong appeared to have been dragged lower by concern that the US would delist Alibaba and Tencent. Europe's Dow Jones Stoxx 600 gapped up to new highs ... (full story)