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Greenback recovers from 2-week low

Published Thu, Apr 13, 2017 · 09:50 PM

London

THE dollar recovered from a two-week low against a broad index on Thursday, having slid after US President Donald Trump said the currency was getting too strong and that he would prefer the Federal Reserve to keep interest rates low.

The greenback and US Treasury yields took a heavy hit after Mr Trump's comments to The Wall Street Journal, in which he said the strength of the economy would hurt the dollar.

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