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US$ sinks to 10-month low as Fed-hike bets fade

Published Sun, Jul 16, 2017 · 09:50 PM

New York

THE dollar's deepening slide is making a winner of hedge funds and other speculators who are the most bearish in four years.

The greenback sank to a 10-month low on Friday, rounding out its worst week since May, as weaker-than-forecast economic data raised doubts about the prospect of additional Federal Reserve tig…

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