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Dollar rises
Published in Saudi Press Agency on 21 - 02 - 2017

The dollar gained on Tuesday, taking its cue from higher U.S. Treasury yields as investors awaited minutes from the Federal Reserve's latest meeting for signals to the pace of interest rate hikes, Reuters reported.
The dollar rose 0.5 percent to 113.64 yen, moving back toward its two-week peak of 114.955 yen touched last Wednesday.
Higher U.S. yields bolstered the greenback, after U.S. markets were closed for the Presidents Holiday on Monday. The yield on benchmark 10-year notes stood at 2.443 percent in Asian trading, compared with its U.S. close on Friday at 2.425 percent.
The euro was down 0.3 percent at $1.0580, after moving little on Monday. It has fallen more than 2 percent so far this month.


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