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US dollar rally hits roadblock in Asian trading

Published Tue, Dec 1, 2015 · 09:50 PM

Tokyo

THE US dollar's ascent hit a roadblock on Tuesday as investors turned cautious and markets increasingly take account of a long-awaited US interest rate hike.

Traders have been bidding up the US dollar in anticipation of the rate rise - a plus for the greenback - with the Federal Reserve widely expected to move later this month.

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