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Dollar ascendant as Fed cut bets pared, jawboning props up yen – Investing.com

Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar hovered near a 4-1/2-month high against major peers on Tuesday, as traders scrambled to push back on bets on the Federal Reserve’s first rate cut this year. It has changed. The dollar held near six-week highs hit on Monday against the euro and pound after […]