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Dollar’s skid continues, set for third consecutive losing session

Aaron Hankin
Dollar’s skid continues, set for third consecutive losing session

The U.S. dollar traded lower Thursday, putting the currency on track to book its third consecutive losing session. The ICE Dollar Index (DXY) , a measure of the dollar against six of its nearest rivals, is trading down 0.5% to 95.033, around a 10-day low. The greenback, which tends to rise in turbulent times, is lagging behind as the public spat between President Donald Trump and the Federal Reserve continues.