The dollar’s slide is gathering pace and that’s proving as much a boon for emerging markets and commodities as it is a drag for European equities. The Bloomberg Dollar Spot Index sank to its weakest since June before reports on housing starts, inflation and industrial output that may add to signs growth in the world’s largest economy is losing momentum. Emerging-market currencies reached the strongest in more than a year and stocks from those nations gained for a ninth day. The pound jumped as U.K. inflation accelerated in July more than economists predicted, and the yen strengthened through 100 per dollar. Precious metals advanced with Treasuries.
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