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Dollar Rises Against Euro and Yen Amid Focus on Interest Rates

New york: The dollar rose slightly against the euro and yen, but remained within striking distance of last Friday's lows, after weak US jobs data reinforced expectations of a Federal Reserve rate cut and triggered a sharp sell-off in the dollar.

According to Qatar News Agency, the dollar index, which measures the greenback's performance against six other currencies, rose about 0.24 percent to 98.816, after touching a one-week low of 98.609 earlier in the session.

The euro was last down 0.12 percent at $1.15592, after hitting $1.15855 last Friday.

The Japanese yen also fell 0.14 percent to 147.3 against the dollar, while the Swiss franc extended losses for the second consecutive session, falling 0.1 percent to 0.8089 against the dollar, following a 0.5 percent decline in the previous session.

The Australian dollar fell 0.05 percent to $0.6464, while the New Zealand dollar fell 0.1 percent to $0.5898.