Dollar rises to one-year high on Fed hike bets; yen hovers near 40-year low

LONDON, June 23: The U. S. dollar rose to its highest level in more than a year on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching lower on ebbing Gulf tensions, while the yen strengthened after flirting with a four-decade low. Fed funds futures are pricing in more t

Read full story on Channel Newsasia