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US dollar flat after biggest weekly loss in 3 months
Published Mon, Dec 10, 2018 · 09:50 PM
London
THE US dollar consolidated losses on Monday after posting its biggest weekly drop in more than three months last week as weak US data undercut expectations of more interest rate increases in the world's biggest economy.
Widening interest rate differentials between the United States and the rest of the world, driven by a confident US Federal Reserve, has fuelled an unlikely dollar rally this year.
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