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Dollar slips, yen tumbles to 40-year low

By Karen Brettell and Amanda CooperThe dollar edged lower on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes, and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a r…

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Forex

Euro Recovers Ahead of ECB Forum

The euro climbed back above $1.14, rebounding from one-year lows hit last week, as investors are now focusing on the ECB’s Sintra Forum and upcoming inflation data from Europe’s major economies.ECB President Christine Lagarde will open the forum on Monday, with the most anticipated panel on Wednesd…

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