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USD Slips A Bit Vs EUR After Yellen Remarks

Forex News: The dollar declined a bit against the euro after Fed's Yellen said inflation expectations seem to still be well-anchored, a possible signal that near-term Fed rate hikes are probably a pipe dream. But the US currency remains stronger on the day, helped by lower oil prices and higher US stocks that have boosted US sentiment. Recently, EUR/USD at 1.5666 from 1.5697 late Fri. USD/JPY was at 107.50 from 106.72.


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