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The dollar hit fresh three-week lows against other major currencies on Thursday, as ongoing geopolitical tensions continued to dampen demand for the greenback ahead of the release of U.S. economic reports due later in the day. Traders put that down more to a broadly weaker tone to the dollar, which sold off across the board on Tuesday as faith in continuing U.S. economic outperformance and the Trump administration's promises of tax reform wavered. "We still expect the dollar to strengthen a bit more into the end of year, but I do see more and more signs that perhaps the dollar has peaked. The data has started to look slightly more inconsistent than it was, and there is the doubt over what we will get on the fiscal front."

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