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The US dollar hovered near a three-month low today, heading for a weekly loss, as investors were preoccupied with anticipation of the Federal Reserve's potential retreat from monetary tightening in December.
Reuters reported that the dollar index settled at 105.8, down 0.05 percent during today's trading against a basket of major currencies.
The euro rose 0.1 percent to $1.0420, on its way to its highest level in four months at $1.0481, which it recorded last week, while the Japanese yen remained unchanged today at 138.63 per dollar.
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