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Dollar Index Edges Higher but Upside Limited – Investing

“The dollar edged higher against other major currencies on Thursday, but gains were capped by sustained caution surrounding the fate of a major U.S. tax reform plan.

Investors remained focused on a major U.S. tax reform bill as the measure moved toward a U.S. Senate floor vote later this week, amid concerns over how much it will expand the federal deficit.

The greenback found support after data on Wednesday showed that the U.S. economy grew faster than expected in the third quarter.”


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