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Currency’s strength compared with euro and sterling comes after outsize US inflation figures

US currency on track for first negative month of the year after end to months of above-forecast CPI data

Chinese equities rose as levies appeared to be smaller than expected

US president-elect unlikely to get his wish of a weaker currency, according to analysts and investors

Euro, sterling and Canadian dollar among currencies to rally sharply against greenback

Simultaneous sell-off in US equities and currency ends ‘virtuous cycle’ for fund managers in Europe

US jobs data adds to investor confidence over strength of American economy

Buying the discount chain was meant to boost performance over rivals but instead it has become a profit drag

A deal would reverse an acquisition that drew pressure from activist investors