Dollar Mixed on Debt Talks as European Woes Resurface

The dollar?s fight back campaign against selling by investors wary of a debt downgrade for the U.S. should lawmakers fail to agree on raising the $14.3 trillion debt ceiling ran into difficulties after a durable goods report disappointed. Several units ran up to multi-year peaks or record highs against an ailing greenback before yet unresolved European issues unsettled the single currency. Monetary policy expectations in Australia also reversed course following a jump in consumer prices leading some to believe that the next move from the central bank will, after all, be upwards.

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