Dollar decline boosts euro gains
The US dollar experienced its first loss in five weeks amid declining US Treasury yields and a drop in AI company stocks, leading to the euro rising from its 17-month low. The dollar index decreased by 0.14% to 102.07, while the euro strengthened against the dollar to 1.1210 after a decline of over 3% in recent weeks due to concerns over France's rising debt levels and the upcoming winter energy crisis. Meanwhile, the British pound remained steady at 1.3270 dollars, and the New Zealand dollar saw small weekly gains.
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