Dollar Hits 2-Week High against Euro

The dollar rose to a two-week high against the euro on Monday, as traders awaited the release of the US jobs report this week. The dollar index against six major currencies rose to 101.79 points in early Asian trading, and the index recorded 101.72 points in the last trading. The dollar rose about 0.27% to 146.60 yen before retreating to 146.04 yen in morning trading, while the euro fell to $1.1042, its lowest level since August 19. The pound was steady at $1.31255. US Treasuries will not be trading today Monday, coinciding with the national holiday, but the yield on the 10-year note was at 3.9110% after rising 4.4 basis points on Friday. Source: Qatar News Agency