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Dollar feeble as rate hike bets dwindle, Iran war worries grow

The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts.

  • U.S. dollar near multi-month lows as rate hike bets diminish
  • Iran's offensive military posture plan amid ongoing conflict worries markets
  • Retail sales data declines for first time in nine months, prompting lower Fed rate hike expectations

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