NEW YORK -- The U.S. dollar surged to an 18-month high on Thursday, riding its largest single-day move since the start of the COVID-19 pandemic and setting up a new burst of global market volatility.
Markets
U.S. dollar surge sets up new bout of global market volatility
Traders send currency to 18-month high after Fed's hawkish comments
As of Thursday evening in New York, ahead of the new Asian market open, the dollar index stood at 97.25, up 1.3% in 24 hours to its highest figure since July 2020. © Reuters
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