Dollar holds near one-month peak as dovish Fed bets recede :

Dollar holds near one-month peak as dovish Fed bets recede

The dollar held close to a one-month peak versus major peers on Thursday after robust U.S. retail sales data overnight added to building expectations the Federal Reserve will not rush to lower interest rates. Australia's dollar weakened after data showed an unexpected decline in employment. The yen was a notable underperformer, as it tends to move in the opposite direction of U.S. long-term yields, which also touched a one-month high overnight as dovish Fed bets receded.

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