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Dollar dips on tax reform doubts, euro strength
Published Wed, Oct 11, 2017 · 09:50 PM
London
THE dollar dipped to a 12-day low against a basket of major currencies on Wednesday as uncertainty that US President Donald Trump would push through his planned tax reforms pushed the greenback down against a broadly stronger euro.
The euro hit a two-week high of US$1.1845, climbing alongside Spanish stocks and bonds, on relief that Catalonia had stopped short of formally declaring independence from the rest of Spain.
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