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Dollar set for biggest quarterly drop in nearly seven years
The U.S. dollar recovered slightly on Friday but remained set for its biggest quarterly decline against a basket of rival currencies in nearly seven years after hawkish signals from foreign central banks this week pressured the greenback further. Investors have ramped-up expectations for tighter monetary policy from the European Central Bank, Bank of England and Bank of Canada after hints from officials this week. This has made the greenback less attractive, in addition to doubts that the Federal Reserve would be able to raise interest rates again this year and that U.S. President Donald Trump could enact his ... (full story)
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Patience and Discipline, these are the Holy Grail.