Dollar Extends Record Streak of Gains Versus Euro on Trump Plans
- Greenback strengthens for unprecedented 10th straight day
- U.S. currency’s two-week rally against yen biggest since 1988
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The dollar extended its record winning streak against the euro amid speculation Donald Trump’s reflationary economic policies will trigger faster monetary tightening.
The greenback has strengthened for 10 straight days against the euro, the longest rally since the shared currency’s debut in 1999. The dollar also posted its biggest two-week advance against the yen since the 1980s.