The U.S. dollar nursed steep losses on Thursday, hovering near three-month lows as investors digested measures announced by the U.S. Treasury Department to help calm the bond market that had seen long-end yields hit their highest since 2007.
The dollar index, which measures the U.S. currency against six other units, was at 98.938, around its lowest level since mid-May. The euro was at $1.1676, perched at the highest level since late May.
