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Dollar rally derailed as gradual Fed pace prompts Dec blues
Published Sun, Dec 27, 2015 · 09:50 PM
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New York
THE dollar's in a funk. The US currency is headed for its biggest monthly loss since June after the Federal Reserve raised its target from near zero on Dec 16 and underscored that it will proceed gradually with additional interest-rate increases.
The message from the Fed, combined with European Central Bank stimulus…
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