Dollar edges toward three-month high
The article indicates that the US dollar is heading towards its first consecutive weekly gains in over three months during Friday's trading session, supported by rising Treasury yields and expectations of interest rate hikes by the Federal Reserve. This has led the euro to fall to its lowest level in two months and the British pound to a three-month low, with the dollar nearing its highest levels in several months. While the upward momentum has somewhat slowed, other indicators, such as the dollar index, increased by around 1% over the week, whereas the Japanese yen, Australian dollar, and New Zealand dollar remained close to their lowest levels.
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