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US dollar dips from multimonth highs on Middle East optimism

Buzz line2 months ago07 mins

By Gertrude Chavez-Dreyfuss NEW YORK, March 4 (Reuters) – The US dollar slipped on Wednesday, pulling back from the multimonth highs it touched in the previous session, as investors unwound safe‑haven positions on rising hopes that the Middle East conflict may prove shorter‑lived than initially feared. Improved sentiment was underpinned by a New York Times…

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