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Dollar index dips modestly against major currencies

Dollar index dips modestly against major currencies

The dollar index declined slightly to 98.96 after reaching highs near its highest level in three months, with the euro and British pound rising modestly. Meanwhile, the Japanese yen remains far from its lowest levels in decades. These fluctuations come amid reports that Washington is considering imposing potential tariffs of 7.5% on Chinese goods ahead of the Trump and Xi summit, along with gold prices hitting their highest level since mid-May and oil prices increasing.

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