Financial Times FT.com

Dollar advances in late charge

By Neil Dennis

Published: June 1 2007 11:22 | Last updated: June 1 2007 19:21

A deluge of data this week left the dollar broadly higher as the likelihood of US interest rate cuts later this year faded.

The greenback remained flat for much of the week, only breaking into positive territory Friday on strong US payrolls data.

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