The U.S. Dollar is surging against a basket of major currencies despite firmer Treasury yields. The strength in the index is being primary driven by a plunge in Euro. The greenback is headed for its best week in nearly nine months on Friday on the back of a shift in the Federal Reserve’s monetary tone to hawkish. Worries that the Fed could start raising rates sooner than expected are also boosting the greenback. This notion was supported by hawkish comments from St. Louis Federal Reserve President Jim Bullard.At 20:39 GMT, September U.S. Dollar Index futures are trading 92.270, up 0.397 or +0.43%. Bullard told CNBC’s ... (full story)