Dollar hugs 13-month peak as market awaits next Fed cue
Business
TOKYO :The U.S. dollar edged up to a fresh 13-month high on Friday, with little to stop the greenback's momentum as investors assessed the outlook for the Federal Reserve's interest rate path, while bitcoin hit a record high and neared the $100,000 level. The dollar index edged up 0.08 per cent to 107.15 after touching its highest level since Oct. 4, 2023 at 107.18, with little data this week to dent its strength. "It's just trying now to find what the catalysts are ... (and) it's obviously
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