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Dollar up on US rate hike talk, but Asian markets edgy

From businesstimes.com.sg

The dollar pushed higher in Asia on Monday as investors increased their bets on a US interest rate hike by the end of the year, but stock traders were more reticent ahead of the corporate earnings season. With the US economy showing increasing signs of recovery, experts say a Federal Reserve lift in December is all but certain, helping the greenback clock up healthy gains in recent weeks. "A number of positives continue to accrue for the US dollar, foremost of which is the relative health of growth around two percent and the very strong signals being pushed by the Fed that it will be raising rates in ... (full story)

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