Dollar reaches one-year high on Fed hike bets; Japan warns on yen

TL;DR

Dollar Rally Builds as Hawkish Fed Meeting Stokes Rate-Hike Bets By Karen Brettell and Harry Robertson NEW YORK, June 18 (Reuters) - The U.S. dollar index hit a one-year high on Thursday after a hawkish tilt by the Federal Reserve led traders to ramp up bets on rate increases this year, dragging the yen to its weakest level in two years and drawing warnings from Japanese officials. The U.S.