Forex
Dollar Surges Near Two-Month High Amid Oil Price Volatility
The dollar has reached near its two-month high as oil prices and Treasury yields have become increasingly volatile.
This has lent support to the US currency, although gains are limited due to traders awaiting data from the Federal Reserve on interest rates.
The euro is trading at $1.1367, which is near its weakest level in three months.
The European Central Bank's chief has signalled measured steps to address inflation, contributing to the euro's decline.