Economic news

Review: Dollar retreats from recent highs

The dollar rally paused on Wednesday as investors waited for President Donald Trump’s decision on the the possible successor of Federal Reserve Chair Janet Yellen.

The dollar index .DXY dipped 0.18 percent to 93.405.

The greenback pulled back 0.2 percent against the yen to 112.61. 

The euro increased 0.2 percent to $1.1764.

The pound inched up 0.2 percent to $1.3265.

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