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Currency: The US dollar rises again

09/02/2022
Categories: Economy/Forex

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While traders await US inflation, the dollar rose on Tuesday against a basket of other currencies.

The US dollar was on the rise again two days before inflation data in the United States, which could justify more marked action by the Fed (Federal Reserve). the greenback to a basket of other major currencies, took 0.23% to 95.62 points. The euro, which had benefited last week from the meeting of the European Central Bank (ECB), was struggling to hold its own against the dollar.

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