Greenback Little Changed Despite Weak Data |
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Greenback Little Changed Despite Weak Data The dollar was little changed after an initial drop as reports showed the US economy grew less than forecast in Q2 and initial jobless claims rose last week to a 5-year high. The yen and Swiss franc were modestly higher as US stocks fell. The USD/CAD was little changed, unable to penetrate the 1.03 resistance for a third day. The GBP/USD rose modestly. The AUD/USD fell after Australian retail sales fell the most in six years. The EUR/USD initially
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