Dollar Poised for Best Week in Over a Month on Fed Hike Bets

The dollar gained against major currencies, extending gains driven by market expectations that the Federal Reserve will raise interest rates at its next meeting. The dollar index, which measures the currency against a basket of six others, rose during the week. The move followed statements from Fed officials regarding inflation and economic conditions.

• Bloomberg — Dollar Poised for Best Week in Over a Month on Fed Hike Bets

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