New York: The dollar declined in Monday’s trading to its weakest level in more than two months, while the European currency, the euro, rose.
According to Qatar News Agency, against a basket of currencies, the dollar fell to a more than two-month low of 106.12. The Euro rose 0.5 percent to USD 1.0516 and looked set to test its January top at USD 1.0528. Sterling pushed to a two-month top of USD 1.2690, while the yen similarly peaked at 148.85 per dollar, its strongest level since early December.
The Aussie was up 0.26 percent at USD 0.6376, not far off from a 2-1/2-month high. The New Zealand dollar similarly rose 0.23 percent to USD 0.5755. The Swiss franc was last at 0.8962 per dollar.