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Dollar gains as traders weigh rate-cut bets, Red Sea tensions

By Inquirer - 10 months ago
SINGAPORE  -The dollar rose on Tuesday as investors pared back bets on near-term rate-cuts by the U.S. Federal Reserve following hawkish comments from European Central Bank officials, while worries of more attacks on ships in the Red Sea weighed on risk sentiment. Against a basket of currencies, the dollar rose 0.253 percent to 102.90, after

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