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US dollar rises, in consolidation mode, ahead of inflation data

By Inquirer - 9 months ago
NEW YORK   -The dollar rose modestly against major currencies on Monday, as investors braced for data on U.S. inflation and retail sales this week for clues on when the Federal Reserve may begin widely anticipated interest rate cuts. In cryptocurrencies, bitcoin hit $50,000 for the first time since December 2021, boosted by inflows into exchange

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