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US Dollar Hits 2-Week High against Euro

The US dollar rose to a two-week high against the euro today, as traders awaited the release of the US jobs report this week.

The dollar index against six major currencies rose to 101.79 points in early Asian trading, and the index recorded 101.72 points in the last trading.

The dollar rose about 0.27% to 146.60 yen before retreating to 146.04 yen in morning trading, while the euro fell to $1.1042, its lowest level since 19 August 2024.

The pound was steady at $1.31255.

US Treasuries will not be trading today, coinciding with the national holiday, but the yield on the 10-year note was at 3.9110% after rising 4.4 basis points on Friday.

Source: Oman News Agency