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Dollar Wraps Its Worst Day in Over a Month on AI Risk Concerns
Source: Livemint — Markets · 3 hr ago
Summary
The U.S. dollar dropped sharply, marking its biggest decline in over a month and wiping out earlier gains that had been driven by stronger‑than‑expected inflation figures. Traders cited worries about risks linked to artificial‑intelligence developments as a key factor behind the sell‑off.
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From the original report
The dollar fell the most in more than a month, erasing gains fueled by hotter-than-expected inflation data.
Excerpt from Livemint — Markets.
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