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The currency market trend comes as the U.S. coronavirus vaccination drive progresses. (Source photo by Reuters)

Dollar remains overvalued against yen and other currencies

Difference with theoretical value sows seeds of market unrest

TAKAKO GAKUTO and KAZUYA MANABE, Nikkei staff writers | North America

TOKYO -- Demand for dollars is driving the U.S. currency far above its fundamental value, increasing the risk of market volatility.

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