US$ dips as focus shifts to Yellen's Friday speech
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London
THE US dollar weakened across the board on Tuesday, as investors shifted their focus away from hawkish remarks on US interest rates by Federal Reserve officials and towards a speech on Friday by Fed chairwoman Janet Yellen.
The greenback was given a boost over the weekend when vice-chairman Stanley Fischer said the Fed was getting close to its job and inflation targets, prompting speculation that a rate hike could come as soon as September.
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