Dollar nears 17-month peak amid euro pressure
The dollar remained near its highest level in 17 months as expectations of a Federal Reserve interest rate hike diminished following weak U.S. labor market data. Meanwhile, the euro fell to its lowest point in 17 months amid financial concerns in France and tensions in the bond market, putting downward pressure on the euro. The Swiss franc also rose, while the Australian dollar steadied and the New Zealand dollar declined slightly.
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