While you were sleeping: US dollar weakens

Thu, 23 Nov 2017

By Margreet Dietz Nov. 24 (BusinessDesk) - European stocks were mixed while oil rose and the US dollar continued its decline as investors reassessed their expectations for the pace of Federal Reserve interest rate increases next year. US financial markets are closed for the Thanksgiving holiday. However, the US dollar slipped for a second day after Fed policy makers’ concern about the lack of inflation, as indicated in the minutes from their meeting ended on November 1 and released on Wednesday, signalled they might not raise interest...

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