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The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the long-anticipated U.S. interest rate cut would come next month.
The weak dollar also saw the euro hit a 13-month high, and the U.S. currency marked a 17-day low versus the yen.
The weak dollar also saw the euro hit a 13-month high, and the U.S. currency marked a 17-day low versus the yen.
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