Dollar Near 8-Week High as Euro Slips, Yen Flat in Thin Holiday Trading
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The U.S. dollar hovered near an eight-week high on Monday, pressuring the euro, while the yen traded flat in light holiday volume.
The euro weakened against the dollar, extending recent losses. Trading was thin as many markets were closed or operating on reduced hours for the holiday season.
Low liquidity can amplify price moves, so even small trades may shift currencies more than usual.
The yen showed little movement, holding steady after recent volatility tied to uncertainty over Japanese monetary policy.
Investors are watching for fresh economic data and central bank signals in the coming days for clearer direction.