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Dollar steady as sticky inflation dents rate cut expectations

The dollar was steady on Monday after data last week showing U.S. inflation remained sticky cast doubts on when the Federal Reserve would start its easing cycle, while the yen remained rooted near the psychologically key 150 per dollar level. Investor focus this week will be on the minutes of the Fed meeting from last month, scheduled for release on Wednesday.
New Zealand United Kingdom Christopher Wong Shri Navaratnam Ankur Banerjee Marc Chandler
Source: yahoo.com

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