MARKET NEWS
Dollar resumes climb after three-day fall as investors eye Fed - REUTERS
- Bitcoin close to overnight record high
- Sterling spikes briefly after strong inflation data
NEW YORK, Nov 20 (Reuters) - The U.S. dollar rose on Wednesday, restarting its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve's plans for interest rates and U.S. President-elect Donald Trump's proposed policies.
Safe-haven currencies such as the Japanese yen, Swiss franc and the greenback saw a brief boost on Tuesday before fading. Russia's foreign minister Sergei Lavrov said that country would "do everything possible" to avoid nuclear war, hours after Moscow announced it would lower its threshold for a nuclear strike.
