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Dollar sinks to one-year low as cooling inflation raises Fed pause expectation

The U.S. dollar tumbled to a one-year low against a basket of currencies on Friday while the euro hit a one-year peak, as traders ramped up expectations of an…

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South African Rand jumps as dollar slips on U.S. producer prices

South African rand jumped on Thursday as the dollar fell after U.S. data showed producer prices dropped last month.

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