Dollar Climbs to 7-Week High as Data Surprises Renew Fed Wagers

Updated on
  • Rate-hike expectations seen supporting greenback: Commerzbank
  • Bloomberg’s dollar index holds three-day, 1 percent advance

Is Dollar's Good Fortune Set to Continue?

A gauge of the dollar climbed to its highest since early June as economic data in the U.S. suggested the world’s biggest economy is set to continue expanding, renewing speculation that the Federal Reserve will raise interest rates by the end of the year.

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