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US$ retreats as traders question pace of Fed rate increase
Published Wed, Nov 11, 2015 · 09:50 PM
London
THE dollar weakened, with the Norwegian and Australian currencies among the biggest gainers, as investors tempered bets that a Federal Reserve interest-rate increase in December will fuel a further advance in the greenback.
The US currency has struggled to extend gains that pushed it at least 1 per cent higher against all of its 10 developed-nation counterparts th…
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