London: The euro rose from a 2-1/2-week low against the US dollar on Monday and sterling also advanced with Europe taking the lead in a renewed push for peace in Ukraine. The US dollar index, which measures the currency against the euro, sterling, yen, Canadian dollar, and two other major rivals, eased 0.1% to 107.21.
According to Qatar News Agency, the euro climbed 0.4% to $1.0417 early in the Asian morning. Sterling gained 0.2% to $1.2604, while the Aussie rose 0.2% to $0.6219. New Zealand’s kiwi added 0.1% to $0.5602, and the safe-haven yen was 0.1% weaker at 150.46 per dollar.
The Canadian dollar and Mexican peso each gained about 0.2% to be at C$1.4443 and 20.49 pesos per US dollar. Meanwhile, China’s yuan stabilized at 7.2948 per dollar in offshore trading.