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The US dollar remains largely range bound against a basket of currencies despite weaker than expected economic data. The Commerce Department said the nation's trade gap shrank 6.6% to $37.3 billion in January as oil imports fell to their lowest since February 1999. Data from the Labor Department indicated initial claims for state unemployment benefits slipped 6,000 to 462,000 last week. The market is a touch more volatile today as investors' appetite for risk interchanges.
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