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Forex

Dollar Dips Near Multi-Month Lows Amid Rate Hopes

Guavy AI Editorial Team
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EUR USD
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The US dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, awaiting minutes of the Federal Reserve's latest policy meeting for clues on interest rates.

The euro inched higher to $1.1577, staying close to a two-month high touched earlier this week.

Sterling was little changed at $1.3533, holding near a three-month high ahead of British inflation data due later on Wednesday.

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