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US$ weaker against yen as US data quash rate hike bets

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The dollar fell to its lowest in more than a week against the yen on Wednesday as subdued US data made an interest rate increase this month unlikely and drove investors to cut favourable bets in the greenback.

London

THE dollar fell to its lowest in more than a week against the yen on Wednesday as subdued US data made an interest rate increase this month unlikely and drove investors to cut favourable bets in the greenback.

In Europe, sterling fell for the first time in six days against...

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