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USD faces considerable weakening if US deadlock exceeds next deadline

US impasse is still plaguing the dollar as it fell against the euro and yen, with Deutsche Bank, Pimco and JPMorgan strongly warning of consequences of even a small US default

By Richard Nehme | Oct. 14, 2013 10:01 BST
Euro continues to benefit from weaker USD
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The US impasse is still plaguing the dollar as it fell against the euro and yen. The greenback had weakened 0.2% against the euro as EURUSD traded at 1.3565 during early morning London trading [...]

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