Dollar Set for Steep Weekly Fall, Dollar-Yen Snaps Back Below 150

LONDON—The dollar was on track on Friday for one of its steepest weekly falls versus major currencies this year, while the yen strengthened sharply to trade below 150 per dollar as concerns grow about the worsening global economic outlook. Cooler-than-expected U.S. inflation data on Tuesday helped reset market expectations for how quickly the U.S. Federal […]

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