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Economic data and military tensions weigh on greenback
Thursday 07 Sep 2017 Author: Steven Frazer

Could US exporters be in for a bumper time, similar to the one currently being enjoyed by their UK counterparts. That’s a possibility as the dollar slides versus the euro.

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Experts reckon internal worries, such as weaker-than-expected US jobs data, waning hopes of tax reform and high costs of planned infrastructure projects are partly to blame.

Rising military tensions on the Korean Peninsula have topped things off recently, thanks to Pyongyang’s controversial missile testing.

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