US dollar index steadies
The US Dollar Index settled at 100.23 points after achieving gains of over 1% last week, following the Federal Reserve's interest rate hike and signals from the central bank of the possibility of additional increases. In contrast, the Japanese yen rose slightly to 156.64 against the dollar after a 2% decline the previous week, following the Bank of Japan's decision to raise interest rates to 1.25%, the highest level in 31 years. Similarly, the euro remained steady at $1.1482, and the British pound at $1.339, while the Australian dollar reached $0.7129 and the New Zealand dollar $0.5721.
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