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Dollar hovers near 3-1/2-year low as traders wager on US rate cut

Economy And Jobs,US Dollar,World,Interest Rates,Inflation Rate,Trade,Tariffs

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The U.S. dollar hovered near its lowest level in 3-1/2 years against the euro and sterling on Friday, as traders wagered on deeper U.S. rate cuts while awaiting trade deals ahead of a July deadline for President Donald Trump's tariffs.

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