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Weak dollar slumps in Asia, Europe

  • Story Highlights
  • The U.S. dollar dips below 100 yen for the first time in 12 years on Thursday
  • Dollar falls as low as 99.75 yen, before bouncing back above 100 again
  • It also fell to record lows against euro, which rose above $1.56 the same day
  • Decline fueled by speculation that Federal Reserve will cut interest rates further
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