Dollar eases back from five-month high

Firming expectations the Federal Reserve could deliver four

interest rate rises this year have pushed up Treasury yields and driven the US dollar

to its strongest in five months.

The dollar index, measuring the US currency against a

weighted basket of global peers, rose as high as 93.632 on Wednesday,

pushing it to the highest level since December 19.

Source

https://www.ft.com/content/cbd37af4-592b-11e8-bdb7-f6677d2e1ce8

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