US Dollar Hovers Near Multi-Month Lows
The US dollar remained near multi-month lows as investors reacted to Treasury bond buybacks and looming Iran sanctions. Meanwhile, trade tensions pressured the Canadian dollar and major currencies held steady.
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The United States dollar hovered near multi-month lows on Monday amid rising sovereign debt concerns and aggressive bond buybacks. The currency's recent slide reflects growing investor anxiety over expanding budget deficits across G7 economies.
