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  • Welcome to The World in 60 Seconds of FirstFT.

  • The Japanese currency has risen above 100 yen per dollar.

  • As the US currency struggles following Federal Reserve minutes.

  • A divided Fed left open the prospect of a further interest rate rise this year.

  • But policy makers insisted they needed more evidence on the durability of the rebound first.

  • Meanwhile, the prospect of borrowing cost staying at ultra low levels,

  • is pushing down government bond yields and boosting European equities.

  • British ministers have watered down their child obesity strategy.

  • Dropping propose curbs on junk food TV adverts,

  • and mandatory targets on sugar reduction and food.

  • They've focused instead on the importance of school sport.

  • Which is being seen as a victory for the food industry over health campaigners.

  • And two US swimmers have been prevented from boarding flights back to the US by Brazilian police.

  • As doubts amount about claims that they and two teammates have been robbed at gunpoint at the weekend.

  • With more stories for you at FT.com/FirstFT

Welcome to The World in 60 Seconds of FirstFT.

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Dollar struggles after Fed minutes, UK childhood obesity plans | FirstFT

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    Colleen Jao posted on 2016/08/22
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