The US dollar hit its best level in nearly four months on Tuesday as traders ready for Wednesday’s Fed meeting and a flurry of economic data.
The US dollar index, which measures the greenback versus a basket of its major peers, was up 0.47% to 92.25 early Tuesday — a level not seen since January 11.
The uptick comes amid a months-long rally for the currency, culminating in a 2.5% rise over the past two weeks.
