Dollar Steadies Near Five-Month LowSingapore, 18 Mar (ONA) —- The US dollar today steadied near a five-month
trough against the euro and other major peers as investors
grappled with the potential economic impact of growing global trade
tensions.
The dollar index, which measures the currency against six key
rivals, was last up 0.13% at 103.59, struggling to make a decisive
move away from a five-month low of 103.21 touched last Tuesday.
The euro edged lower to $1.0907.
The greenback was at 149.76 yen, hitting a two-week high against the
Japanese currency.
Elsewhere, the Australian dollar consolidated around $0.63695 after
rising to its highest in a little less than a month on Monday.
Sterling traded at $1.29755 to hold just under Mondays high of
$1.2999, its strongest since 7 November 2024.
New Zealand dollar ticked up to $0.58145.—- Ends/Khalid
