18 Hrs
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وكالة الأنباء القطرية
Dollar approaches two-week high
The dollar rose slightly near its two-week high after oil prices increased, leading to higher U.S. Treasury yields and expectations of a Federal Reserve interest rate hike this week. The dollar index reached 99.55 points, and the 10-year Treasury yield stood at 4.9895%, surpassing the important psychological level of 5% for the first time since October 2023. Major currencies like the euro, pound, and yen declined, while the yuan remained steady at 6.708 against the dollar.
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