Dollar Falls as Signs of Uneven Economic Recovery Damp Fed Bets
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The dollar fell against most of its major peers as signals of an uneven economic recovery damped speculation the Federal Reserve will raise interest rates by mid-2015.
The yen gained earlier versus the dollar as the U.S. said it conducted its first airstrikes in Syria, boosting demand for the safest assets. A Bloomberg gauge of the dollar retreated for the first time in three days as data showed U.S. home prices rose less than forecast in July, the second report in two days showing a weaker-than-forecast housing market.