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US$ recovers as rate-hike chance dims on poor jobs data

Tuesday, June 7, 2016 - 05:50


THE dollar rose on Monday, having hit more than three-week lows against a basket of major currencies after a poor employment report prompted investors to rule out the chance of a hike in US interest rates in June.

The dollar index rose 0.2 per cent to 94.24, having hit a low

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