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Dollar's post-Fed rally fizzles as investors focus on US growth
Published Thu, Oct 29, 2015 · 09:50 PM
London
THE dollar retreated from the strongest level in more than two months versus the euro as investors looked beyond the growing probability of a Federal Reserve interest-rate increase this year to focus on US growth and jobs data due on Thursday.
The US currency's rally was capped before reports that economists predict will show a slowdown in growth in the third quarter and a pick-up in claims for jobless benefits.
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