Dollar ticks up before US data, bitcoin hits record high

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LONDON (Reuters) The dollar inched higher on Thursday as investors waited for U.S. economic data later in the day, while bitcoin rose to a record high above $73,800...

It has largely shrugged off Tuesdays hotter-than-expected U.S. consumer inflation data and is roughly unchanged since the figures..

The index is up around 1.5% this year as U.S. data has shown that the economy remains strong, causing investors to rein in their bets on rapid and deep interest rate cuts...

The dollar was little changed at 147.9 yen, nursing losses of 2% over the last two weeks as investors have positioned for the Bank of Japan to potentially raise interest rates out of negative territory at its meeting next week...

Elsewhere, the dollar climbed 0.21% against the Swedish crown, to 10.248 crowns, after data showed Swedens headline inflation slowed more than expected in February...

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