Mumbai, Feb. 25 -- The US dollar index is staying largely muted on Tuesday following a sharp recovery in the previous session. Currently, the DXY that measures the greenback against a basket of currencies is quoting at 106.57, up 0.08% on the day, and recovering from a two and half month low. Besides, gains in the index were also supported by easing euro and pound overseas. The British pound traded around $1.263, slightly below a 10-week high of $1.2669 hit on February 20th, as expectations for Bank of England (BoE) rate cuts increased. Meanwhile, euro traded little changed around $1.046, erasing most of its post-election gains after Germany's conservative CDU/CSU bloc secured victory but now faces the challenge of forming a coalition gov...
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