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Nagging recession and higher interest rate worries also rattled European markets, and the pound tumbled as Britain hoped to put its disastrous recent fiscal experiment behind it with a more austere-looking budget. ....
The dollar index - which gauges the greenback against a basket of six counterparts that includes the yen, euro and sterling - eased 0.14% to 111.33, but still not far below Tuesday's high of 111.78, which was the strongest level since Oct. 25. ....
Against the Japanese yen, the greenback was 0.44% higher at 148.08, particularly helped by the Bank of Japan's (BOJ) decision to keep ultra-low interest rates on Friday, and BOJ Governor Haruhiko Kuroda's still-dovish comments in the face of rising interest rates elsewhere. ....
Recent dollar gains have slowed on market expectations that peaking inflation will mean less aggressive interest rate hikes from the Federal Reserve. ....