Forex Top Story

Dollar Retreats After Recent Gains

The U.S. dollar weakened a bit on Tuesday, but not before climbing to a four-month high against the euro and hitting a 1-1/2-month high against Swiss franc.

The dollar surged higher early on in the day on remarks from the Federal Reserve Chair Jerome Powell that the economy appeared resilient to the global headwinds and the current stance of monetary policy would remain appropriate.

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by RTTNews Staff Writer

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