Dollar recedes from 18-month high as bond rally tempers impact of hot inflation data

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Channel News Asia Malesia 1h

Dollar recedes from 18-month high as bond rally tempers impact of hot inflation data

Business Business U.S. dollar banknotes are seen in this illustration taken March 19, 2025. REUTERS/Dado Ruvic/Illustration NEW YORK, Oct 15 : The dollar retreated from an 18-month peak on Thursday as investors looked past strong US inflation and spending data to focus on a shakeout in the securiti»»»

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