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Dollar Turns Weak Against Rivals On Weak Economic Data

The U.S. dollar eased on Friday, retreating from two-year highs recorded a session earlier, amid speculation about a rate cut after recent data from Markit showed a slowdown in U.S. manufacturing activity in May amid escalating trade tensions with China. ...

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UK Retail Sales Fare Better Than Forecast In April

UK retail sales performed better-than-expected in April as warm weather boosted clothing sales, data from the Office for National Statistics showed Friday. The retail sales volume remained unchanged month-on-month, after rising 1.2 percent in March. Sales were forecast to drop ...

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Dollar Slips From 2-month High

The U.S. dollar rose to a two-year high, surging to 98.37 early on Thursday, but retreated and pared its gains subsequently, weighed down by the minutes of the Federal Reserve’s latest policy meeting that said the central bank would remain ...

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