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CURRENCIES

US$ slumps to 13-month low before Fed meeting

Wednesday, July 26, 2017 - 05:50

London

THE dollar slumped to a more than one-year low against a basket of currencies on Tuesday as investors grew more wary on the short-term outlook although they held off placing more bearish bets ahead of a Federal Reserve meeting starting on Tuesday.

The Fed starts a two-day

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