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US$ wallows near 7-week lows as Trump trade fades
Add BT as a preferred sourcePublished Tue, Jan 24, 2017 · 09:50 PM
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London
THE US dollar wallowed near its lowest levels since early December on Tuesday, kept under pressure by concern that US President Donald Trump was focusing more on protectionism and less on pro-growth economic policies.
Sterling declined the most among major currencies, slipping 0.7 per cent after Britain's Supreme Court ruled that the government would need approval from the Parliament before formally triggering the country's departure from the European Union.
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