Dollar well bid on Fed outlook, no G20 reprieve for yen

The dollar hovered near a two-year high against a basket of currencies on Monday, underpinned by expectations the U.S. Federal Reserve will start its rate-tightening cycle sooner than expected. The dollar index, a gauge of the greenback’s strength against a basket of major currencies, was at 84.6…

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Dollar well bid on Fed outlook, no G20 reprieve for yen