The dollar trimmed a weekly advance that was spurred by prospects of higher U.S. interest rates. U.S. stocks rallied to a record. The Bloomberg Dollar Spot Index fell from the highest level in more than a decade, while emerging-market currencies clawed back gains after India’s rupee fell to a record-low on Thursday. All four major U.S. equity benchmarks reached all-time highs as trading resumed following the Thanksgiving holiday. Oil dropped the most in more than two months on doubts OPEC will come to an accord to cut output as planned talks between producers inside and outside the group was canceled. Strong economic data and the prospect of increased spending after Donald Trump won the Nov. 8 U.S. presidential vote have fueled a surge in bets on Federal Reserve rate hikes, propelling the greenback higher against all but two of it peers […]

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