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Dollar Gains on Rate Outlook
The US dollar regained some of its losses after declining yesterday, as investors awaited the Federal Reserve's meeting minutes and statements from monetary policy officials to gauge the path of interest rates. The dollar index rose by 0.16% to reach 102.07, indicating a recovery of the US currency against a basket of major currencies. Meanwhile, the euro fell to $1.123, the yen dropped to 158.39 against the dollar, and the British pound declined to $1.3244. Additionally, the Australian and New Zealand dollars decreased by 0.14% and 0.28%, respectively.
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