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2026-11-09T20:26:10.670Z

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Dollar Eases on Risk Appetite

Dollar Eases on Risk Appetite

The dollar fell against most major currencies on Monday as concerns about an escalation of the conflict in the Middle East eased and investors returned to riskier assets. The euro rose 0.57% to $1.1204, and the pound gained 0.5% to $1.3415, while the dollar slipped 0.33% against the yen to 158.01 yen. The dollar index fell 0.37% to 101.84, alongside gains in U.S. stocks and a 3.4% drop in Brent crude to $94.99 a barrel. Attention is turning to U.S. inflation data, with prices expected to rise 0.3% month over month, while expectations of an interest-rate hike at the December meeting reached 82%.

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