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Dollar index edges higher; bitcoin zooms above $13,000
The dollar edged higher against a basket of major currencies to hit a two-week high on Wednesday, as market participants grew more optimistic about lawmakers’ progress on U.S. tax legislation.The dollar index, which measures the greenback against six rival currencies, was up 0.18 percent at 93.547.“The dollar is finding some support on expectations that Congress is going to pass tax legislation sometime this year,” said Sireen Harajli, FX strategist at Mizuho in New York. The U.S. Senate voted to go to a conference committee to resolve differences between its tax legislation and a rival version passed by the ... (full story)