Dollar reaches its highest in 11 months on Fed

Source: Bloomberg
© Scanpix/Reuters
The US Dollar rose to a high from last September against the Euro as more traders believe that the Fed will hike interest rates in the coming year. With Janet Yellen speaking tomorrow at the meeting in Jackson Hole the Greenback has climbed to a six-month high against other majors. The currency gained 0.1% and was trading at 1.3249 against the Euro.

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