Asia FX rises, dollar near 3-week low amid Fed pause bets

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Most Asian currencies rose slightly,while the dollar hovered near three-week lows as soft U.S. inflation reading spurred increased bets that the Fed will pause its rate hike cycle.


The dollar index and dollar index futures both fell 0.1%, while most Asian currencies logged strong overnight gains.


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Asia FX rises, dollar near 3-week low amid Fed pause bets


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