Dollar Falters as U.S. Stocks Hold at Seven-Week High, Oil SinksBy and
Trading muted with bond market shut for U.S. federal holiday
Crude sinks most in six weeks as OPEC posts output increase
The dollar traded at a three-week low even after Federal Reserve officials continued to back the case for higher interest rates this year, spurring gains in emerging-market assets. U.S. stocks held at their highest level in seven weeks in light holiday trading.
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