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Spectre of stimulus spurs a run from dollar

Investors flee the dollar as stimulus fears gain momentum in contrast with growth in Asia

The dollar fell against a range of currencies on Thursday as prospects for Asian economic growth contrasted with the likely need for more stimulus in the US.

A monetary-tightening move by the Monetary Authority of Singapore accelerated the dollar's slide, knocking the greenback to long-term lows against rivals around the globe before the dollar regained some poise in New York trading.

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