Dollar steady near weekly peak
The US dollar exchange rate remained near its highest level in a week against major currencies, amid investor anticipation for the Federal Reserve Chairman's speech. The dollar index showed little change at 99.13, despite a 0.3% gain last week, and is still expected to record its second consecutive monthly decline. The euro and the British pound declined against the dollar, but both are on track to achieve gains for the second consecutive month. The Japanese yen remained steady at 159.34 against the dollar, with an expected monthly increase of 1.3%.
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