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Dollar recovers as central bank decisions loom - REUTERS

FEBRUARY 05, 2026

Summary

  • Companies
  • ECB set to keep rates steady at 1315 GMT
  • Bank of England also expected to hold rates, decision due 1200 GMT
  • Dollar-yuan little changed after Trump-Xi phone call

SINGAPORE, Feb 5 (Reuters) - The dollar climbed to a two-week high on Thursday as fresh volatility gripped stocks and precious metals, while traders counted down to rate decisions from the European Central Bank and the Bank of England.
The U.S. dollar index , which measures the greenback's strength against a basket of six currencies, was last up 0.1% at 97.762, extending gains into a second day.

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