Dollar rises on higher US Treasury yields

The dollar rose on Thursday, supported by higher US Treasury yields that pushed the yen, pound and euro back to near multi-month lows, amid doubts about potential tariffs under US President-elect Donald Trump.

The dollar index, which measures the greenback against six major currencies, reached 109.11 points.

As the dollar rose, the euro fell to $1.030475. The pound fell about 0.5% to $1.2303 on Monday. The yen rose slightly to 158.10 against the dollar. The yen fell more than 10% against the dollar last year.