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Euro Rises as Dollar Index Dips Following US-EU Trade Framework

Tokyo: The euro edged higher on Monday after the United States and the European Union announced a framework trade agreement, boosting investor confidence.

According to Qatar News Agency, in Asian trading, the euro rose 0.2% to $1.1763 and gained a similar 0.2% against the yen, reaching 173.78 yen. The dollar index, which tracks the greenback against a basket of major currencies, slipped 0.1% to 97.534.

The Japanese yen held steady at 147.68 per dollar, while the British pound dipped nearly 0.1% to $1.34385. Elsewhere, the Australian dollar climbed 0.2% to $0.6576, while the New Zealand dollar was little changed at $0.6019.