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Dollar hovers near three-month high as bonds sell off; risk currencies pare gains By Reuters – Investing.com

Dollar hovers near three-month high as bonds sell off; risk currencies pare gains

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By Stanley White and Sagarika Jaisinghani
TOKYO (Reuters) – The dollar hovered near three-month highs on Monday after the U.S. Senate passage of a bumper stimulus bill sparked another sell-off in the bond market, while currencies of major commodity exporters pulled back as a broader risk-on trade lost momentum.
The dollar index stood at 92.073 against a basket of six major currencies, up 0.17% and near its three-month high of 92.201 set on Friday.
The Senate passed a $1.9 trillion COVID-19 relief…

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