Economic news

Review: Dollar breaks winning streak against major peers

The anticipation of U.S. interest rate hike in December continued to support the dollar on Tuesday.

The greenback was stable versus its Japanese peer at 112.67 yen. On Friday, it had climbed as high as 113.44 yen, its top since July 14.

The dollar index dipped 0.2 percent to 93.533, retreating from Friday’s high of 94.267.

The euro rose 0.3 percent to $1.1770 on solid German industrial output data.

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