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Dollar on defensive as sentiment recovers amid retreat in US yields

Dollar on defensive as sentiment recovers amid retreat in US yields Reuters TOKYO | Updated on × The safe-haven US dollar remained broadly weaker on Wednesday as Treasury yields continued to retreat, restoring some calm to global markets and reigniting demand for riskier assets. Commodity-linked currencies including the Australian dollar and the Norwegian krone held on to sizeable two-day advances. The lower US yields also sapped some of the dollars allure among fellow low-yielding currencies...
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