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Dollar pinned near 6 ½ month lows, Fed minutes in focus
Published Wed, May 24, 2017 · 09:50 PM
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London
THE dollar stayed pinned near 6 ½-month lows on Wednesday, investors' focus shifting from US politics to monetary policy after comments from a Federal Reserve official rekindled expectations of an interest rate hike next month.
Diminishing expectations of a promised fiscal boost to the US economy from US President Donald Trump and a resurgent euro have erased nearly all of the dollar's gains since the US leader's election in November last year.
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