U.S. Dollar Nears Three-Month High
This is a news story, published by Yahoo Finance, that relates primarily to GMT news.
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higher UST yieldsReuters
•Dollar stands tall on bets for slower Fed cuts, potential Trump win
79% Informative
The dollar index, which measures the currency against six rivals including the euro and yen, stood at 104.38 as of 0115 GMT .
A spate of macroeconomic indicators and some hawkish comments from Fed officials tempered bets for monetary easing.
The dollar has now "punched through key technical resistance levels" against the yen, "opening the door for higher levels".
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