The dollar was further weighed by dismal U.S. housing data pointing to sharply weaker economic growth in the first quarter. That added to growing views that the prospect of a Federal Reserve interest rate hike in June looked slim. Analysts said political uncertainty stemming from the first round of the French presidential election this weekend and tensions over North Korea also capped gains in Asian currencies. "While I suspect the worst of the geopolitical risk is behind us, we are still ways away from closing the chapter on Korean peninsula risk," Stephen Innes, senior trader at OANDA said. Reuters
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