U.S. Dollar Advances on Rate-Hike Concerns Tied to Inflation
The dollar edged higher Friday as crude oil surged for a second day, amid concerns about a potential U.S.-Iran war and expectations of a U.S. rate hike.
WASHINGTON (dpa-AFX) — The U.S. dollar edged higher on Friday as crude prices extended their surge for a second day, amid concerns about a potential U.S.-Iran war. Inflation worries linked to oil fueled expectations of a U.S. interest rate hike.
Today, the U.S. Dollar Index DX…