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US dollar rebounds on short covering; euro falls
Published Thu, Aug 17, 2017 · 09:50 PM
London
THE dollar rebounded across the board on Thursday, reserving some of its strongest gains against the euro after minutes of the July meeting by the European Central Bank (ECB) prompted investors to cover bearish bets against the greenback.
The move puts the single currency, already sharply down on the day against the dollar, on track for its biggest daily loss in more than four months.
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