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Matt Dusk sings Sinatra in Halifax/PEI/Moncton | SaltWireSINGAPORE - The dollar was rooted near a two-week low on Thursday following minutes from the last U.S. Federal Reserve meeting that showed policymakers taking a cautious stance and as investors awaited key inflation data.
In recent comments, Fed officials have cited rising bond yields as a factor that may allow them to call it a day on their rate hike cycle. The report comes ahead of the release on Thursday of September's consumer price index data, which is expected to show inflation moderated last month.
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