Strong dollar juices European stocks

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A strong dollar helped boost European equities Friday, while the euro hit a one-month dollar low before France's presidential election.

The trading caps a tough week dominated by the US Federal Reserve's hawkish tone in minutes from its March monetary policy gathering, which sent the dollar climbing against its main rivals.

Shares in commodities firms have had a boost as commodity prices have risen in recent weeks because Ukraine and Russia are key producers of raw materials. "If the economy can weather the storm, they could be in a strong position given how higher interest rates are generally beneficial for them."

 

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