The dollar traded lower against its rivals Wednesday, continuing a bearish pattern that has persisted since Federal Reserve policy makers signaled one week ago that they would begin raising interest rates later than the market had expected.The euro EURUSD, +0.17% was at $1.0974, compared with $1.0924 late Tuesday in New York.
The dollar has weakened against the euro during three of the past five sessions.
The dollar USDJPY, -0.41% was at ¥119.41, compared with ¥119.74. The pound GBPUSD, +0.07% rebounded against the buck, trading at $1.4916, compared with $1.4847.
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