U.S. dollar posts best month since November 2016; nonfarm payrolls loom By Reuters
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar rose to a 2-1/2-month peak on Wednesday, posting its biggest monthly rise since November 2016, supported by a surprisingly hawkish shift in the U.S. Federal Reserve's rate outlook and concern over the spread of the Delta coronavirus variant. The dollar has gained about 3% against a basket of currencies this month, partly in the wake of the Fed's stance at a meeting early this month. Traders are looking to Friday's U.S. nonfarm payrolls report for confirmation of a shift in monetary policy. The greenback also extended gains...
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