Dollar advances for third week
It is expected that the dollar will record gains for the third consecutive week, remaining at its highest level in 17 months, supported by rising U.S. Treasury yields and inflation concerns resulting from soaring oil prices. Meanwhile, the euro fell to its lowest level since May 2025, and fluctuations continued among other currencies against the dollar, with the yen and the British pound lingering near their lowest points in three months. The dollar index reached 102.08, with forecasts of approximately 1% gains this week.
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