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Dollar nears three-month low

Dollar nears three-month low

Reports indicate that the US dollar is heading toward its largest weekly loss in approximately three months, with the euro remaining near its two-week high at $1.1442 and the British pound at $1.3361, both recording weekly gains of about 1.2%. The USD Index also declined by 0.2% to 100.77, heading toward a weekly loss of 0.58%. Additionally, the Japanese yen rose to 161.01 against the dollar after strong gains.

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