Dollar Declines as Traders Seek Yellen Clarity Amid Fed Rhetoric

  • Currency drops for second day, falling versus most G-10 peers
  • Commerzbank recommends being ‘cautiously short’ the greenback

Dollar Retreats Before Jackson Hole Meeting

The dollar weakened versus its major peers, approaching a three-month low reached last week, before a speech by Federal Reserve Chair Janet Yellen that may offer hints on the path of U.S. interest-rate increases.

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