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The dollar experienced a strong rise, heading toward its biggest monthly gain in nearly a year, supported by expectations that the strength of the US economy will bolster short-term interest rates as key inflation data approaches. It surpassed the 1.14 level against the euro and reached its strongest level in 13 months at approximately 1.1325 dollars. Additionally, the dollar index hit its highest in 13 months at 101.8. Regarding other currencies, the dollar reached a seven-month high against the British pound at 1.314 dollars, and an 11-month high against the Swiss franc at 0.8139. Meanwhile, the Australian dollar declined to 0.6890 dollars ahead of May employment data.
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