Market News
Dollar roars with bitcoin as Trump trades shine; euro and yuan slump - REUTERS
By Kevin Buckland and Harry Robertson
TOKYO/LONDON, Nov 12 (Reuters) - The U.S. dollar rose to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration.
The euro languished at a seven-month trough and the yuan slumped to its lowest in more than three months, with Europe and China both targets of potential Trump tariffs.
Leading cryptocurrency bitcoin pushed to a new all-time peak of $89,982 and was last at $87,330. Trump has vowed to make the United States "the crypto capital of the planet".
