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Tag Archives: China

Dollar is near its lowest level in 15 months, with expectations that the US interest rate hike will stop soon

The dollar hovered near a 15-month low on Friday, heading for its biggest weekly decline since November, after weak U.S. inflation data boosted investor bets that the Federal Reserve was close to ending its rate hike path. Data on Thursday revealed that U.S. producer prices barely rose in June, while …

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