Major global currencies were steady early on Monday with investors preparing for the U.S. dollar to extend declines from late last week after the Federal Reserve dialled down its hawkish rhetoric.
The dollar index was flat at 105.07, with the euro <EUR=EBS> at $1.0727. The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low.
World stocks (.MIWD00000PUS) too had their strongest week in a year as expectations the Fed was done raising rates gathered steam.
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