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Dollar hits two-week high, world shares climb as risk appetite returns

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - The dollar rose to its highest level in two weeks on Thursday and world shares rebounded amid a broader recovery in global risk sentiment.The U.S. currency earlier slipped against the safe-haven Japanese yen after U.S. President Donald Trump said on Wednesday he would recognize Jerusalem as the capital of Israel - a move that imperiled Middle East peace efforts and provoked widespread condemnation.But as global stocks rose on Thursday, the dollar gained almost half a percent against the yen to trade at 112.72 yen and hit a two-week high against a basket of ...

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First Published: Thu, December 07 2017. 22:09 IST