- Dollar Stabilizes Near 19-Month Highs The dollar remained stable on Friday, hovering close to its highest levels in 19 months.
- currency against a basket of other currencies, fell by 0.05 percent to 103.17.
- On a weekly basis, the euro dropped by 0.8 percent, marking its largest weekly loss since late September.
- Australian Dollar Declines The Australian dollar experienced a decline of approximately 2.5 percent.
Dollar Stabilizes Near 19-Month Highs
The dollar remained stable on Friday, hovering close to its highest levels in 19 months. This stability follows strong gains throughout the week, driven by increasing expectations for a significant rise in U.S. interest rates.
Dollar Index Declines Slightly
The dollar index, which measures the performance of the U.S. currency against a basket of other currencies, fell by 0.05 percent to 103.17. Despite this slight decline, it remains at its highest level since April 2025.
Euro Experiences Weekly Loss
The euro decreased by 0.1 percent to 1.1049 dollars, nearing its lowest point against the U.S. dollar since April 2025. On a weekly basis, the euro dropped by 0.8 percent, marking its largest weekly loss since late September.
Yen Remains Steady Amid Concerns
The yen showed little change, trading at 159.875 against the dollar. This level is close to its lowest since early September, raising concerns about potential intervention.
Australian Dollar Declines
The Australian dollar experienced a decline of approximately 2.5 percent.
The post “Dollar Approaches Highest Levels in 19 Months” appeared first on Yemen TV.
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