US Dollar Surges To A Near 14-Year High Before Pullback

The dollar surged to a near 14-year high before pulling back on Thursday, clocking up records against a range of other top world currencies and skittling emerging markets.

Stronger data from the world's biggest economy had underpinned the greenback's gains, which were further amplified by thinner volumes as U.S. traders stayed away for the Thanksgiving holiday.