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Dollar Nearing Third Week of Gains
The dollar is aiming to achieve gains for the third consecutive week, with its value continuing to rise against other major currencies. Analysts attributed this to the strength of American economic data and expectations of interest rate hikes, supporting the value of the US currency and increasing its attractiveness to investors. These developments have led to an increase in the dollar index by a certain percentage, impacting global markets and narrowing trading ranges in other currencies.
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