Dollar hits 16-month high as inflation fears put it on track for best week since June - NewsBreak

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By Lawce in Business
Updated 2 years ago

TOKYO, Nov 12 (Reuters) - The U.S. dollar headed for its best week in almost five months against major peers on Friday, amid bets for earlier Federal Reserve interest rate hikes after data this week showed the fastest U.S. inflation in three decades. The dollar index , which measures the...

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