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Dollar holds 3-week highs as sharp Fed rate cut bets fade
Published Mon, Jul 8, 2019 · 09:50 PM
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London
THE dollar held near three-week highs on Monday, keeping its gains after last week's strong US jobs data lowered expectations for a sharp Federal Reserve interest rate cut.
Elsewhere, the Turkish lira fell steeply after President Tayyip Erdogan dismissed the central bank governor, sparking worries about the bank's independence.
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