Dollar hovers near five-week low on Fed rate cut bets
By Kevin Buckland TOKYO, Dec 5 (Reuters) – The U.S. dollar languished not far from a five-week low against its major peers on Friday as investors braced for a Federal Reserve rate cut next week. Markets widely expect a quarter point reduction when the policy-setting Federal Open Market Committee meets on December 9-10, and a focus will be on any signals about how much additional easing lies ahead. The dollar […]