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Greenback falls on weaker-than-forecast data

Published Sun, Jun 18, 2017 · 09:50 PM

New York

THE dollar fell broadly on Friday after weaker-than-forecast data on housing and consumer sentiment cast a risk-off sentiment over US assets.

The greenback gave back most of the previous day's gains, easing toward levels from earlier this week that were the lowest since November.

Disappointing economic readings and the lack of progress on fiscal stimulus from Washington have overshadowed the likelihood of more rate hikes from the Fed…

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