Fri, 20 Feb 2015 10:39:13 GMT
Dollar stays strong as traders believe Fed to hike rate this year
The Dollar stays strong, as the market participants believe the Federal Reserve is likely to increase interest rates in 2015. The Greenback trades in a tight range, staying little changed around $1.1365 against the Euro at 8:46 a.m. in Tokyo. The US currency strengthened 0.1% to 119.03 versus the Yen, extending a 0.1% Thursday gain.