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USD Recovers Some Losses but Remains in Decline

The U.S. Dollar (USD) recovered some of its earlier losses on Wednesday, but remained in the negative territory.

The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is down by 0.09% at 93.21.

Earlier today, the index declined as low as 92.99, while its highest level was at 93.44, noting that it closed Tuesday at 93.30.

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