Dollar retreats from 9-month high as stock rally lifts sentiment

Topics Dollar rise


By Kevin Buckland TOKYO (Reuters) - The safe-haven dollar retreated from more-than-nine-month highs against major peers on Monday as a bounce in Asian stocks lifted sentiment, despite the continued spread of the Delta coronavirus variant. The dollar index, which measures the currency against six rivals, declined 0.19% to 93.

311 from Friday, when it climbed as high as 93.734 for the first time since Nov. 4. The move came as equities rebounded across the region, with base metals prices up as hopes of an improvement in demand rose.....

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