18-11-2016 21:31 via news.yahoo.com

Dollar index posts biggest two-week gain in 20 months

The dollar rose to its highest level since April 2003 against a basket of currencies on Friday, marking its biggest two-week increase since March 2015 as traders piled bets on a massive dose of fiscal stimulus under a Trump U.S. presidency. Also stoking the dollar rally were growing expectations the Federal Reserve would raise interest rates next month on signs of rising inflation and improved economic growth. The greenback has climbed 7.3 percent against the yen in two weeks, its steepest such
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