US dollar slides as investors take profit
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London
THE dollar slipped against a broad basket of currencies on Thursday as investors took profits after the US Federal Reserve left interest rates unchanged on Wednesday, as expected, with markets widely expecting a rate hike at its next meeting.
With uncertainty around the next US Federal Reserve chair also winding down as US President Donald Trump prepared to nominate governor Jerome Powell, seen as less hawkish than other candidates, markets waited for fresh data to push the dollar .
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