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Dollar on defensive after pullback from nearly three-month peak

By Inquirer - 10 months ago
TOKYO  —The dollar remained under pressure on Wednesday after retreating from a nearly three-month high against the euro in the previous session with a decline in U.S. bond yields adding to the drag. Analysts pointed to technical factors for the dollar‘s pullback, following a two-day rally of as much as 1.4 percent against the euro after unexpectedly strong U.S. jobs data and more hawkish rhetoric from Federal Reserve Chair Jerome

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