Dollar’s rise crushes doubters after Trump dials back on trade threats

Dollar’s rise crushes doubters after Trump dials back on trade threats

The dollar has been moving higher, crushing doubters and trading more on rising U.S. interest rates than on President Donald Trump’s trade threats.

The dollar index was up a half percent Wednesday, to above 91 and it has gained nearly 2 percent in the past week.

The dollar’s move comes after w…

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