Dollar soars to highest in more than 13 years on Fed hike view

The dollar surged to a more than 13-year peak on Wednesday, bolstered by upbeat U.S. economic data that showed the economy on track for steady growth and reinforced expectations of interest rate increases by the Federal Reserve next month and in 2017. A 0.4 percent rebound in U.S. durable goods orders last month after a decline in September as well as solid U.S. jobless claims that have been below 300,000 for 90 straight weeks boosted the multiple rate hike view. "Speculation of a December rate