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US$ falls for second week as central banks spur risk appetite
Published Sun, Mar 13, 2016 · 09:50 PM
New York
THE dollar rose against a basket of currencies on Friday, bolstered by an increased appetite for riskier assets following unexpected action from the European and Chinese central banks.
Despite Friday's gains, the dollar index still moved lower for the second straight week with most of the losses coming after Thursday's European Central Bank meeting.
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