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Investors betting central bank likely to cut borrowing costs by May next year

Investors betting central bank will cut borrowing costs in June next year

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