Forex Top Story

Dollar Loses Ground Against Major Peers

The U.S. dollar was weak against most of its major rivals on Tuesday, weighed down by a report showing a smaller-than-expected increase in the country's durable goods orders in June.

Traders were also making cautious moves as they looked ahead to the Federal Reserve's monetary policy announcement, due on Wednesday, for clues regarding the timing of tapering the stimulus program.

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by RTTNews Staff Writer

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