Read this in The Manila Times digital edition.
HONG KONG: The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve (Fed) will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.
Another positive inflation data release out of the United States added to expectations that the US central bank will take a lighter approach to lifting borrowing costs at its December meeting.
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