The US dollar is expected to extend its gains, increasing speculation that governments will stage unusual market interventions to drive up the value of the currencies on the losing end of the trade. About 45% of 795 respondents to the latest MLIV Pulse survey expect an orchestrated attempt by major world powers to weaken the dollar, even though the US has moved to tamp down talk of such a move. Nearly as many said they expect Japan to step up its pricey efforts to shore up the yen by itself, without the support of others. Two thirds of respondents see the Bloomberg dollar spot index climbing to new highs over the next month. The dollar has surged as international investors seize on higher
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