US Dollar near 13-month high as rate outlook weighs

US dollar held near a 13-month high on Tuesday as investors weighed the outlook for interest rates, while the euro fell on uncertainty in Europe and cryptocurrency bitcoin targeted $100,000.

The dollar index was down 0.05 percent at 107.01, little changed from a one-year high of 107.15 hit on Thursday. Reuters

The dollar has risen about 3 percent so far this month on expectations that U.S. President-elect Donald Trump’s policies will revive inflation and limit the Federal Reserve’s ability to cut interest rates.