Dollar Rally Builds as Hawkish Fed Meeting Stokes Rate-Hike Bets (opens original article in a new tab)

The dollar extended its rally for a second day, pushing it back toward the late-March peak, as traders piled into bets that the Federal Reserve will start raising interest rates as soon as late next month.

• The dollar extended its rally for a second day
• Traders piled into bets that the Federal Reserve will start raising interest rates as soon as late next month