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Dollar nurses losses but set for big monthly fall
Published Mon, Jan 29, 2018 · 09:50 PM
London
THE dollar consolidated losses against a basket of currencies on Monday as US bond yields rose but traders were cautious on the broader outlook as recent strong data has not changed expectations about the path of US interest rates.
Data on Friday showed economic growth accelerated to 2.3 per cent in 2017, faster than the 1.5 per cent logged in 2016.
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