Dollar holds near 18-month high ahead of busy central bank week

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Reuters UK

By Alun John HONG KONG (Reuters) – The dollar held most of last week’s gains on Monday but hung just off 18-month highs against major currencies as ebbing market turbulence took some of the bid out of safe-haven assets. The prospect that investors could see renewed volatility this week remains, however, with key Australian, UK and European central bank meetings taking place in the days ahead. The euro was at $1.1161, up 0.16%, having fallen to $1.1119 on Friday, its weakest since June 2020. The Aussie was at $0.701, up 0.35%, after touching its lowest since July 2020 on Friday. The greenback h…

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