The Dollar has continued to soften against most other currencies amid a recovery in risk appetite in global markets and associated bubbling in expectations for the Fed to loosen monetary policy before the year is out. The narrow trade-weighted USD index has printed a fresh seven-week low at 96.96. EUR-USD has remained buoyant after posting a seven-week high yesterday at 1.1277, which looks likely to be breached before long. USD-CAD carved out a new two-week low at 1.3373, while AUD-USD posted a four-week high at 0.7007.
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