Dollar lifted by growing odds of Fed rate hikes; Trump-Xi summit under way
Corroborated by 6 sources from 6 publishers
TL;DR
Dollar boosted by rate expectations, safe-haven flows as Trump, Xi meet By Rae Wee and Amanda Cooper SINGAPORE/LONDON, May 14 (Reuters) - The dollar rose for a fourth day on Thursday, underpinned by higher U.S. Treasury yields, as investors began to price in the chances of Federal Reserve rate hikes this year, while the global focus was on a two-day summit between U.S. President Donald Trump and China's Xi Jinping.
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