Dollar pauses broad rally, bulls still solidly positioned

The dollar index fell 0.2% to 109.46 after rising as high as 110.27 on Monday. The yen, which has tumbled as U.S. rate hikes gather pace and widen the gap on anchored Japanese interest rates, last traded at 140.30 per dollar, not far from a 24-year trough of 140.80 hit last week.

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