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Full story at bloomberg
Oct. 31 (Bloomberg) -- The dollar gained the most against the euro in six months on concern the global recovery may stall as economic stimulus winds down, reducing demand for higher- yielding assets funded by the greenback.
The pound touched the strongest level against the euro this week since September after gains in consumer confidence and mortgage approvals added to signs an economic recovery is taking hold in the U.K. The advance in the dollar before next’s week Federal Reserve announcement pared a fourth consecutive monthly loss, part of the longest losing streak since 2004.