Euro Redemption Comes as Fed Rate Bets Hasten Commodity Slide

  • Haven currencies euro, franc, yen benefit amid market turmoil
  • Dollar may be sold as market has priced in rate increase: CMC

The euro is finding redemption in a market spooked by concern the Federal Reserve’s first interest-rate increase since 2006 will fuel further declines in commodities and the currencies linked to their export.

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