The dollar found some updraft and gained against most currencies today, recovering altitude after declining against the euro and yen, and other currencies, amid a backdrop of firmer global stock markets. The narrow trade-weighted USD index (DXY) gained 0.5% in making a two-session high of 94.73. USD-JPY recovered above 110.00 while EUR-USD fell back under 1.1650, towards Monday’s low at 1.1628.
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