Sterling, euro slide as dollar marches higher

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Reuters UK

By Rae Wee and Kevin Buckland SINGAPORE/TOKYO (Reuters) – The dollar gained ground against the euro and sterling on Thursday after earlier hitting a 24-year peak against the Japanese yen, as investors positioned for higher U.S. interest rates and remained concerned about the health of European economies. The euro slid 0.37% to just hold above parity against the dollar at $1.10016, while the pound hit a fresh two-and-a-half year low of $1.15545 down around 0.5%, as the safe-haven dollar was supported by moves away from riskier assets. The U.S. dollar index, which measures the greenback against …

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