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المشهد العربي
US dollar hits three-month low
The U.S. dollar fell to its lowest level in three months against major currencies following regulatory measures by the U.S. Treasury Department, which led to a surge in long-term bond yields to record levels not seen in the markets since 2007. This helped ease pressure on the Japanese yen and caused the euro to rise to its highest levels since the end of May. Additionally, the yields on 30-year U.S. Treasury bonds increased to 5.337%, the highest in 19 years, prompting the department to increase bond purchases to bolster market liquidity.
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