FOREX-Dollar Tumbles After Weak U.S. New Home Sales

Market News and Investment Information | Reuters.co.uk: "The dollar tumbled on Friday after a weaker-than-expected U.S. hew home sales report reduced expectations for further greenback-boosting Federal Reserve interest rate hikes.
The dollar had started the day higher but first stumbled after a report showed weakness in a key measure of U.S. business investment. The currency had been gaining all week, underpinned by an earlier perception that the Fed would keep raising rates beyond an expected hike to 4.75 percent next week."
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