Dollar Hits 2018 High – 25 October, 2018
The dollar rose for its second consecutive day hitting a high for 2018 with strong indicators that the U.S. Federal Reserve will be raising interest rates. Against a basket of 10 major peers, the dollar index jumping 0.1 percent to 96.65, its strongest since June 2017. The euro traded at $1.1368, down 0.2 percent after having dipped to a two month low of 1.1353 the previous session. The yen settled at 112.33 per dollar.