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Dollar bounces as risk appetite returns
Published Mon, Sep 11, 2017 · 09:50 PM
London
THE dollar edged higher on Monday, after posting its biggest weekly drop in two months, as a revival in interest in riskier assets prompted some investors to cut short bets against the greenback before US inflation data this week.
Despite the bounce, net short bets against the dollar remain near their highest levels since January 2013 as expectations of Federal Reserve policy tightening have faded.
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