The dollar stood near a two-month high against its major peers on Friday and was headed for a third weekly gain on higher U.S. interest rate expectations.
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Jitters over debt ceiling negotiations between U.S. President Joe Biden and top congressional Republican Kevin McCarthy also continued to cast a shadow over market sentiment, with just a week to go before the so-called "X-date" onThe greenback was up in early Asia trade and sat at 139.82U.S. dollar indexThe index is up 1% for the week, headed for a third weekly gain, as traders ramped up their expectations of how much further rates could rise in the United States.
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