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MW: U.S. dollar extends losses after ISM report
 
SAN FRANCISCO (MarketWatch) -- The U.S. dollar extended its losses Monday following a stronger-than-expected report on December manufacturing. The U.S. dollar index (DXY 77.40, -0.47, -0.60%) traded at 77.369 versus 77.423 ahead of the midmorning data and down about 0.6% from 77.867 late Thursday. One euro bought $1.4432, up about 0.7%. The U.S. dollar traded at 92.51 yen, down 0.6%. The U.S. dollar was under pressure earlier after Federal Reserve officials signaled interest rates would stay low for the foreseeable future, while economic reports from China and the U.K. suggested overseas strength.
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