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Dollar Extends Longest Drop in a Month, Momentum Still Absent
With equities on the rise and the US 10-year Treasury yield easingback from its Taper-driven surge to 3.00 percent, it comes as little surprise that the USDollar suffered its fourth consecutive daily drop. While this is only the longest series of losses in a month, it is all the more remarkable for the fact that it has made serious progress in tracing its way down from the earl-July highs.
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