Dollar Index Rises Above 101.00

Dollar Index strengthens on Fed rate hike bets The US Dollar Index, which measures the value of the US Dollar against a basket of six world currencies, has risen above 101.00. The index currently trades near 101.30 during early European trading hours. This i

Dollar Index strengthens on Fed rate hike bets

The US Dollar Index, which measures the value of the US Dollar against a basket of six world currencies, has risen above 101.00.

The index currently trades near 101.30 during early European trading hours.

This increase is attributed to bets on a potential Fed rate hike.

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