Dollar weak for 4th day after G-20 trade concerns

London

THE dollar dipped for the fourth day running against the basket of currencies used to measure its broader strength on Monday, as reaction to a G-20 summit dominated by the Trump administration's protectionist bent extended last week's sales.

The greenback has been on the retreat since the US Federal Reserve raised interest rates on Wednesday but stopped short of predicting a sharper acceleration in monetary tightening over the next two years.