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ME : Dollar turns down as stocks, oil improve
 
NEW YORK (MarketWatch) -- The dollar turned lower against major counterparts in mid-morning trade on Wednesday after U.S. equity prices shaved an earlier decline and crude-oil prices rose following an unexpected drop in petroleum supplies. The dollar index (DXY 78.87, -0.07, -0.09%) , which tracks the greenback against a trade-weighted basket of six major currencies, changed hands at 78.596, down from 78.995 in North American trade late Tuesday. The euro bought $1.4221, from $1.4127 Tuesday. The dollar bought 94.04 Japanese yen compared to 94.69 yen Tuesday. The dollar and yen had been beneficiaries in earlier trading as declining U.S. stocks, following Chinese markets, prompted investors to move toward assets perceived as less risky
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