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The U.S. dollar rose against the euro and sterling on Wednesday, though investor worries over the Federal Reserve’s independence continued to weigh on the currency. The euro slipped 0.4% to $1.1593, while sterling fell 0.3% to $1.3441, retracing some gains after President Trump announced plans to fire Fed Governor Lisa Cook over alleged mortgage irregularities.27 Aug 2025-12:32
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