Greenback Comeback?

Dollar index gained more than 1.3%

Image Credits: Chris Dlugosz, Flickr.

The dollar got a boost last week, with the currency climbing to a near four-month high after the yield on the 10-year U.S. Treasury note crossed the 3 percent level.

The dollar index, which tracks the greenback against six of its peers, gained more than 1.3 percent in the previous week.

Some expect the currency to lift further in the week ahead following its recent gains.

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