Dollar Rises to Highest in 14 Months on Fed Speculation

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A dollar gauge rose to a 14-month high amid speculation the Federal Reserve will increase U.S. interest rates by the middle of next year.

The pound climbed versus its 16 major peers after a second poll in two days showed supporters of Scottish independence lost ground a week before a vote that could lead to the breakup of the U.K. Canada’s dollar fell as data signaled the housing market is fading as a driver of economic growth. The dollar fell earlier versus the euro after the number of Americans filing for first-time jobless benefits unexpectedly climbed before the Fed meets next week.