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CURRENCIES

US$ languishes as traders look to Yellen for direction

Thursday, February 11, 2016 - 05:50

London

THE US dollar languished close to a 3 ½ month low against a basket of major currencies on Wednesday, as traders waited for US interest rate guidance from Federal Reserve chair Janet Yellen.

The currency has shed over 3 per cent over the past two weeks as expectations of a

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