Dollar retreats as commodity currencies bounce; Turkish lira plummets
Published: July 24, 2018 11:25 a.m.
ET European PMIs — showing a slower manufacturing sector — are in focus Getty Images By Anneken Tappe The U.S. dollar was softer against most of its major rivals on Tuesday, as commodity prices bounced higher and gave related currencies room to rally. Turkey’s lira was in focus after a monetary policy decision stirred investor worries about the independence of Turkey’s central bank.
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