Dollar Rises, Euro Plummets
This is a China news story, published by Yahoo Finance, that relates primarily to Robert Lighthizer news.
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Trump tradesReuters
•Morning Bid: Post-election dollar revs up, China battles deflation
77% Informative
The dollar built on last week's election-related surge - spurred by Friday 's reports that protectionist Robert Lighthizer had already been asked to be President-elect Donald Trump's new trade chief.
The euro was the other mover, dragged by both fears of universal tariffs and backwash from any direct hit to Chinese demand.
China 's consumer prices rose at the slowest pace in four months in October at an annual rate of just 0.3% - while producer price deflation deepened to as much as 2.9% in the year through last month .
VR Score
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