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Dollar Advances Versus Euro in 14 Months
A report indicates that the US dollar is heading towards its biggest monthly gain against the euro in 14 months, as the euro dropped to its lowest level since May 2025 and the dollar rose supported by US economic growth and rising interest rates. Meanwhile, Europe is under pressure due to the energy and debt crises, with markets awaiting US inflation data and the employment report to boost expectations of an interest rate hike.
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