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Dollar weakens after Fed bounce short-lived

Published Thu, Feb 1, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

London

THE dollar erased early gains on Thursday after Federal Reserve comments about rising inflation this year failed to lift the currency from near its three-year lows.

After its worst monthly performance since mid-2016, the dollar rose in Asian trading before falling back, with traders preparing for economic data due on Friday.

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