Market News
Dollar set for biggest weekly rise since October with US-Iran tensions in focus - REUTERS
Summary
- Dollar up around 1% this week
- Increasing US-Iran tension in focus
- Investors also awaiting US PCE, GDP data
LONDON, Feb 20 (Reuters) - The dollar was on track for its largest weekly rise since October as it remained steady on Friday, buoyed by better-than-expected economic data and a more hawkish Federal Reserve outlook, while tensions rose between the United States and Iran.
The dollar index, which measures the greenback against a basket of currencies, was last set for a weekly gain of just over 1% .




