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The dollar rose against major currencies as Treasury yields hovered near multi-year highs and investors awaited US PCE and payrolls data. The Australian dollar weakened after the Reserve Bank of Australia raised rates as expected.
By Chibuike OguhThe dollar rose against major currencies on Tuesday as investors positioned for economic data that could offer clues on the Federal Reserve's interest-rate path, with Treasury yields hovering near multi-year highs.The Australian dollar weakened after the Reserve Bank of Australia ra…