Dollar pauses after rallying to one-year high earlier in week By Reuters – Investing.com

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Dollar pauses after rallying to one-year high earlier in week By Reuters – Investing.com

© Reuters. FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration

By Kevin Buckland

TOKYO (Reuters) – The U.S. dollar touched its lowest point this week against major peers on Thursday, taking a breather from a rally that had lifted it to a one-year high powered by expectations for quicker Federal Reserve interest rate hikes.

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