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Published 2 months ago

US dollar softens as the Nasdaq stretches gain to 1.4%

Summary by Ground News

Chipmakers and some other high-flying stocks are leading the way again, pushing the Nasdaq 1.4% higher. The dollar has been edging lower for the past two hours and is at US-afternoon lows. The FX market generally takes its cues from fixed income and US 2-year yields are up 5.6 bps today.

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US dollar softens as the Nasdaq stretches gain to 1.4%

US dollar inches lower

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