The Cboe Skew Index, which measures options traders' demand for tail-risk hedges, has risen sharply since Nov. 12, when it touched a post-election low. The index closed above 167 on Monday, its ...

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The euro surged to a four-month high following hawkish comments from an ECB policymaker, while the yen strengthened on rate hike bets. The dollar retreated ahead of the U.S. Thanksgiving holiday.