Dollar index retreats from seven-week high, sterling rises
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NEW YORK (Reuters) - The dollar dipped on Tuesday due to a fall in U.S. bond yields after touching a seven-week peak against a basket of currencies, as sterling rose following a report that rekindled hopes that Britain and the European Union are on the brink of a Brexit deal.Investors dumped U.S. bonds last week on fears that domestic inflation might accelerate, prompting the Federal Reserve to hasten the pace of interest rate hikes.On Tuesday, the benchmark 10-year Treasury yield climbed to a..