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The US dollar hit its weakest level against the euro since September 2021 amid fiscal concerns from Trump’s spending bill and trade uncertainty. Investors bet on faster Fed rate cuts, prompting dollar-selling. The euro soared to $1.179, its best first-half performance. Sterling and yen also strengthened, while the dollar index fell to its lowest since February 2022.
short by / 10:30 am on 01 Jul
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