Dollar steady near 2-week high on recovery in risk appetite


TOKYO: The dollar hovered near a two-week high against a basket of currencies on Monday, supported by a sustained recovery in investor risk appetite which nudged U.S. bond yields higher.

The dollar index, which measures its strength against a group of six major currencies, was steady at 96.315 after climbing to 96.394 percent on Friday, its strongest since Jan. 4.

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