Economics
The Dollar Is on Its Longest Losing Streak Since 2011
Dollar Rally Is on a Pause, Not an End: Halpenny
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Dollar bulls are growing concerned their pain is only just beginning.
The greenback weakened for a seventh straight day Thursday, the longest losing streak since April 2011, after Federal Reserve policy makers indicated they’re in no rush to raise interest rates amid slowing growth. The losses cap the U.S. currency’s first monthly decline since June.