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GPS Capital Markets Hires FX Sales Leader in Western

Dollar advances vs euro as upbeat U S data lends support

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The U.S. dollar rose against the euro on Wednesday, helped by upbeat U.S. economic data, and as the common

Dollar rises on upbeat U S data

Dollar rises on upbeat U S data
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US dollar slides as traders adjust Fed rate hike views

The US dollar edged lower on Friday for a second straight weekly decline as traders pared expectations for US Federal Reserve interest rate hikes, and as improving inflation and consumer spending data eased recession fears. The US dollar index, which measures the safe-haven currency against a basket of six other major currencies, fell as low as 101.43, its weakest since April 25. On a weekly basis, it was down 1.24 percent, following a 1.45 percent decline the previous week. “We continue to think that the best of the broader USD rally is behind us now and while the USD may not

Dollar heads for weekly drop as traders pare Fed rate hike views

Dollar heads for weekly drop as traders pare Fed rate hike views
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