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Dollar Surges as Fed Hike Odds Increase on Strong US Data

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The US dollar reached an eight-day high on Thursday after new data lifted expectations of a Federal Reserve rate hike.

Markets are looking for clues from upcoming speeches and press conferences by key central bankers, including one by Ryozo Himino, a deputy governor at the Bank of Japan.

The Fed's decision will have significant implications for interest rates and the overall economy.

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