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US dollar poised for largest monthly rise since July 2025
The US dollar rose during Monday's trading session, heading for its largest monthly gain since July 2025, supported by geopolitical tensions in the Middle East and rising US Treasury yields. It continued to advance despite the stability of the euro and pound sterling, while risk-related currencies such as the Australian and New Zealand dollars declined. Meanwhile, the dollar index approached its highest level in 13 months. Expectations are high for this week's release of US jobs data to support Federal Reserve policy outlooks.
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