The dollar rose against a basket of currencies on Friday, as remarks on possible rate hikes in 2016 from a top Federal Reserve official pared some bets on a weaker greenback spurred by news of slower-than-expected domestic job growth in April. New York Fed President William Dudley told the New York Times it was reasonable to expect the U.S. central bank would raise policy rates twice in 2016 despite data that showed domestic hiring fell to 160,000 in April, its lowest in seven months. Dudley is a permanent voter on the Fed's policy-setting group and his view is seen as aligned with Fed Chair Janet Yellen. His remarks ... (full story)