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Economics

Dollar Rallies Against Euro, Yen, on Hopes Fed Slows Bond Purchases

Because of better-than-expected economic data

Reason Staff | 5.28.2013 1:16 PM

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The U.S. dollar rallied against the euro and yen on Tuesday after stronger-than-expected U.S. economic data boosted expectations the Federal Reserve could reduce the pace of its bond purchases in coming months.

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Reason Staff
EconomicsDollarFederal Reserve
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