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A strong dollar advance was crimped by Nvidia's results.

The euro to dollar exchange rate faces a fifth consecutive daily decline amidst rapidly falling expectations for a Federal Reserve interest rate reduction next month.

The dollar has steadily advanced as odds fall, with the market seeing just a 35% chance of a cut next month, down from 50% 24 hours earlier.

The big drop in rate cut expectations follows the release of minutes covering the Federal Reserve's most recent meeting, which shows policy makers are leaning against a follow-up reduction.

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$26.25 Euro-dollar fell to 1.1517 on the da

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