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US dollar steadies against major currencies
Published Tue, Jun 9, 2015 · 09:50 PM
London
THE US dollar steadied against a basket of major currencies on Tuesday, having unwound most of its post-payrolls gains on lingering worries about whether US authorities are comfortable with its recent strength.
With two-year Treasury yields having fallen back towards pre-jobs data levels, there are also indications that rates markets are having a hard time factoring in a Federal Reserve rate hike later this year.
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