Dollar stays strong as traders believe Fed to hike rate this year

Source: Bloomberg
© Scanpix/RS
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.
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