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Trump failure on healthcare sends dollar to 10-month low

The U.S. dollar sank to a 10-month low against a basket of major currencies on Tuesday, as the collapse of President Donald Trump's latest healthcare bill eroded confidence in his ability to legislate to boost growth.

The Australian dollar was by far the biggest beneficiary, jumping 1.8 percent to more than two-year highs after minutes from a Reserve Bank policy meeting showed it turning more upbeat on the economy.

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