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U.S. currency’s recent decline

As the decline in weekly jobless claims and a rise in personal consumption improved the outlook for the U.S. economy, the dollar fell to a fresh 15-month low against a basket of currencies on Wednesday.

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Federal Reserve minutes

Traders had earlier sold the dollar across the board, which results in pushing the dollar to a 10-month low against the yen, as it has been showed by Federal Reserve minutes released on Tuesday that policymakers saw the U.S. currency’s recent decline as “orderly”.

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