Dollar Holds Near Six-Week High Spurred by Optimism Over Economy

  • Strategists becoming more confident of Fed rate boost in 2016
  • They’re awaiting minutes of Fed’s April meeting due Wednesday

The dollar held near a six-week high versus its major peers as improved economic data in the U.S. prompted speculation that a boost to interest rates this year, and possibly even as soon as next month, just became more likely.

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