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Dollar hits two-week high on U.S. tax reform optimism, world shares climb

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - The dollar rose to its highest level in two weeks on Thursday over optimism the United States would successfully push through tax reforms, while world shares rebounded after two straight days of losses.The U.S. currency slipped against the safe-haven Japanese yen on Wednesday after U.S. President Donald Trump said he would recognize Jerusalem as the capital of Israel - a move that imperiled Middle East peace efforts and provoked widespread condemnation.But amidst a broader climb in global stocks on Thursday, the greenback rose 0.3 percent against the yen ...

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First Published: Thu, December 07 2017. 15:04 IST