The dollar on Thursday surged to its highest since mid-May 2025, a day after the Federal Reserve projected at least one quarter-point rate hike this year. A breakthrough in U.S. and Iranian diplomacy boosted risk sentiment but did little to dent the currency.
At 16:56 ET (20:56 GMT), the U.S. dollar index, which tracks the greenback against a basket of six major peers, was up 0.7% to 100.83.
Source : Investing.com