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US dollar suffers fresh losses as Fed fails to inspire

Investors are unmoved by another interest rate hike and upbeat assessment of the world's top economy

Published Thu, Dec 14, 2017 · 09:50 PM
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Hong Kong

THE dollar suffered fresh losses on Thursday as Asian investors followed their New York counterparts in shifting out of the unit, unmoved by another interest rate hike and an upbeat assessment of the world's top economy.

The fall in the greenback was mirrored in a broad sell-off in regional equities as traders ignored another record finish for the Dow on Wall Street.

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