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Business & Finance

Dollar touches highest level in more than a year. Why this latest rally might be overdone.

Dollar touches highest level in more than a year. Why this latest rally might be overdone.
Key Points

The U.S. dollar headed Thursday for its highest close in more than a year, as investors continued to digest the Federal Reserve’s Wednesday meeting, which revived the possibility of further interest-rate increases.

The U.S. dollar headed Thursday for its highest close in more than a year, as investors continued to digest the Federal Reserve’s Wednesday meeting, which revived the possibility of further interest-rate increases.
U.S. (LOCATION) the Federal Reserve’s (ORG)
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