Dollar struggles after weak US, China data

November 2, 2015 9:15 AM

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Dollar struggles after weak US, China data

TOKYO: The dollar extended its losses against the yen and euro Monday as weak US and Chinese data fuelled concerns about the global economy, and bolstered the case against a December rate rise.

The US government said Friday that consumer spending rose only by 0.1 percent in the United States in September, less than expected and the slowest rate since January. More US figures, including jobs data, is on tap for later in the week.

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