$Dollar Index Hits 2-Month High Amid Rate Hike Expectations
The US dollar has stabilized near its strongest level in two months due to expectations of interest rate hikes and easing oil prices on hopes for a diplomatic breakthrough in the Middle East.
The euro is trading at $1.1446, close to its weakest level since late July, while sterling is buying $1.3337.
The dollar index, which measures the US currency against six rivals, has reached 100.56.