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Dollar sell-off continues as US government shutdown enters fourth week
The greenback fell against every other G10 currency. Top of the table was the commodity currencies, the Norwegian Krone and the Australian, New Zealand and Canadian Dollars, buoyed by the very strong start of the year in commodity prices. Dovish commentary from the Federal Reserve seems to have removed much of the end-of-year gloom from financial markets and investors are busy snapping risk assets, which for now is being used as an excuse to sell the US Dollar.
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