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Dollar sinks to seven-week low on Trump uncertainty
The dollar fell to a seven-week low against a currency basket on Monday, weighed by concerns about the early days of U.S. President Donald Trump's administration that have so far been marred by protests, a protectionist inauguration speech and angry comments on Twitter. The safe-haven yen has been the main beneficiary of U.S. political uncertainty, rising for a second straight session against the dollar. The yen has gained nearly 3 percent since the start of the year. Trump's "America first" message was followed over the weekend by coordinated protests in U.S. cities, testy exchanges between members of his top staff ... (full story)
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