Forex Top Story

Dollar Slips Against Major Rivals As Powell's Dovish Comments Weigh

The U.S. dollar lost ground against its major counterparts on Thursday, weighed down by Fed Chair Jerome Powell's comments signaling a slower pace of rate hikes from this month.

The Fed is widely expected to hike interest rate by 50 basis points when it meets on December 13-14.

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by RTTNews Staff Writer

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