The Business Times
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US$ dips as investors eye Trump; sterling slides again

Published Tue, Jan 10, 2017 · 09:50 PM

    London

    THE dollar edged down for a second day on Tuesday, as cautious investors booked profits ahead of US President-elect Donald Trump's first news conference since winning office, to be held on Wednesday.

    Disquiet over whether Britain will undergo a "hard" exit from the European Union continued to weigh on the sterling, which hit a fresh 10-week trough against the dollar despite the latter's broader weakness.

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