Dollar climbs further as Fed hike talk builds

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Hong Kong - The dollar extended gains in Asian trade on Tuesday as investors swung their attention to expectations of another US interest rate hike next month, but equities struggled under the weight of profit-taking following the previous day's rally.

Regional markets surged Monday, with Tokyo and Seoul leading the way, following centrist Emmanuel Macron's victory in France's presidential election and last week's solid US jobs report that reinforced views of a strengthening economy.

The better-than-expected reading on US payrolls preceded a record close on Wall Street and helped send Wall Street's VIX index of volatility in New York's markets to its lowest level since 1993.

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Rand - Dollar
14.13
-0.0%
Rand - Pound
19.92
-0.0%
Rand - Euro
17.16
-0.0%
Rand - Aus dollar
11.00
-0.0%
Rand - Yen
0.13
-0.0%
Gold
1,843.76
0.0%
Silver
27.42
0.0%
Palladium
2,894.50
0.0%
Platinum
1,229.50
0.0%
Brent Crude
68.71
+2.5%
Top 40
60,573
+0.6%
All Share
66,598
+0.7%
Resource 10
69,386
-0.1%
Industrial 25
83,277
+0.9%
Financial 15
12,685
+1.5%
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