![Dollar jumps after Fed pulls interest rate hikes into 2023](https://dasforex.com/wp-content/uploads/2021/06/LYNXNPEH5F14K_L.jpg)
NEW YORK (Reuters) – The dollar jumped against a basket of currencies on Wednesday after the Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.
The , which tracks the greenback against six major currencies, was up 0.41% at 90.901, its highest since May 7.
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