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Dollar Drops After U.S. Consumer Sentiment Index

The University of Michigan's preliminary consumer sentiment index for July has been released at 10:00 am ET Friday. The greenback dropped against its major opponents following the data.

The greenback was trading at 107.60 against the yen, 0.9810 against the franc, 1.1237 against the euro and 1.2532 against the pound around 10:02 am ET.

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