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US$ falls again as rate rise expectations collapse
Published Thu, Feb 4, 2016 · 09:50 PM
London
THE US dollar was back on the defensive in early trade in Europe after a collapse in expectations of a further rise in US interest rates this year drove its biggest daily fall in over two months on Wednesday.
Against a basket of currencies, the greenback fell another 0.5 per cent to 96.796, its lowest since early November. The euro hit a 31/2 …
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