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Dollar Decline Resumes as Debasement Fears Increase
['Thu', 'January', 'At Pm Gmt']
Yahoo News - Latest News & Headlines
The dollar weakened Thursday as Bloomberg's gauge of the US currency slipped 0.3%, while precious metals such as gold and silver extended their record-breaking rallies.
The return of the so-called debasement trade outweighed Treasury Secretary Scott Bessent's affirmation of the strong-greenback policy.
Tyler Kendall reports on Bloomberg Television.