23-11-2016 20:48 via news.yahoo.com

Dollar jumps to highest in almost 14 years on Fed hike stance

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar surged to its highest since March 2003 on Wednesday, bolstered by upbeat U.S. economic reports that showed the economy on track for steady growth as they reinforced expectations of rate increases by the Federal Reserve next month and in 2017. U.S. consumer sentiment also improved this month following the election of Donald Trump as president. "We have had a slew of data today, all supportive of the low threshold needed for rate increase
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