February 11, 2013 / 8:36 AM / 5 years ago

Dollar index rises to 1-month high

LONDON, Feb 11 (Reuters) - The dollar index rose to a 1-month high on Monday on the U.S. currency’s recent gains against the euro and the yen.

The index which measures the dollar’s performance against a basket of currencies rose to 80.298, its highest since Jan. 10.

The euro was hovering near a 2-week low against the dollar as last weeks comments from European Central Bank chief Mario Draghi about the euro’s strength weighed along with fresh worries about a rescue for Cyprus.

The yen has been under pressure on increased prospects of further monetary easing in Japan.

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