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U.S. Dollar Erases Losses as Risk Aversion Fades; Economic Data in Focus

Posted on August 30th, 2017.

The U.S dollar reversed heavy losses on Tuesday, as risk appetite returned to the financial markets following another bout of North Korea jitters. Despite the modest gain, the greenback is in a firm downtrend that extends all the way back to the start of 2017. DXY Stems Declines The U.S. dollar index (DXY) was down around half a percent...

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