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CURRENCIES

US$ snaps 3-week loss as rate rise seems imminent

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The US currency snapped a three-week loss on speculation that the Federal Reserve is inching closer to raising interest rates as the economy improves.

New York

The dollar is back on the upswing.

The US currency snapped a three-week loss on speculation that the Federal Reserve is inching closer to raising interest rates as the economy improves. A gauge of the greenback surged after jobless claims dropped to an almost 15-year low,

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