Dollar Holds Near 10-month High, Keeps Heat on Yen, Euro

Dollar Holds Near 10-month High, Keeps Heat on Yen, Euro
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound, and Chinese 100 yuan banknotes in this picture illustration on Jan. 21, 2016. Jason Lee/Reuters
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TOKYO/LONDON—The dollar steadied near its highest level since November against a basket of its peers on Thursday, keeping the yen near a key intervention zone and the euro at an eight-month low, as U.S. longer-dated yields extended their rise.

The dollar index, which tracks the unit against six other majors, was slightly lower on the day at 106.59, though it was still on track for an 11th straight week of gains, and just off its 10-month high hit on Wednesday.