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US$ retreats from high as traders await cues
Published Wed, Jan 4, 2017 · 09:50 PM
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London
THE US dollar edged down from a 14-year high against a basket of currencies on Wednesday, with investors cautious about increasing bets on the greenback before getting fresh clues on the US economy and timing of interest rate rises.
The greenback surged to its highest levels since late 2002 on Tuesday after US manufacturing data beat expectations, once again threatening to reach p…
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