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Dollar gains on higher oil and bond yields
The value of the US dollar rose today following increases in oil prices and US Treasury bond yields, while the Japanese yen remained near its lowest level since late 1986 at approximately 163.21 against the dollar, raising concerns about Japan's potential intervention in the currency market. Meanwhile, the euro reached 1.1401 dollars, the Australian dollar stayed above 70 cents, and the New Zealand dollar remained steady at 0.5825 dollars. The British pound, however, fell below its 200-day moving average at 1.3385 dollars.
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