The U.S. dollar stayed weak against most of its major counterparts on Wednesday, extending declines from the previous session, amid bets the Federal Reserve will cut rates by March 2024.
In economic news, data showed the Richmond Fed Manufacturing Index dropping to -11 in December, worse than the market consensus of -7. The report said shipments fell from -8 to -17, new orders decreased from -5 to -14, and employment edged down from 0 to -1.
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