Financial Digest

Currency markets quiet as U.S. dollar holds gains

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Currency Markets,U.S. Dollar,Holidays

Currency markets were lulled by holidays in Japan and the United States on Thursday, leaving the U.S. dollar revelling in its gains after data that cast doubts over market projections for peak Fed rates.

Currency markets were quiet due to holidays in Japan and the United States, allowing the U.S. dollar to maintain its gains. Data showing a decline in orders for U.S. manufactured goods in October raised concerns about the strength of the economy.

 

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