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Dollar Extends Losses In The Last Week Of The Year

Por: RTTNews Business January 02, 2024

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The Dollar's decline continued in the last week of 2023 amidst rate cut bets that were reinforced with the better-than-expected PCE-based inflation readings. The U.S. Dollar slipped against the euro, the British pound, the Australian Dollar as well as the Japanese yen amidst thin holiday trading. Anticipation of Fed rate cuts continued to be the dominant theme driving sentiment across during the week ended December 29.The Dollar Index... + full article



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