Dollar firm near 9-month high on Fed rate outlook

by | October 25, 2016 8:27 am

The dollar held near nine-month highs against a basket of major currencies on Tuesday as solid U.S. manufacturing activity and comments from a Federal Reserve official cemented expectations of a U.S. rate hike by year-end. The dollar’s index against a basket of six major currencies hit its highest level since early February, climbing to a…

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