The U.S. dollar held on to its gains from the prior session on Thursday as investors embraced the notion that the Federal Reserve could raise interest rates at its December meeting.
The euro traded at $1.0878, just above a three-month low reached Wednesday. It was little-changed from its level late Wednesday in New York. The dollar traded at ¥121.7390, up 0.2% from ¥121.51 late Wednesday.
The ICE U.S. Dollar Index, a measure of the dollar’s strength against a basket of six rival currencies, was at 97.9580, little-changed from its late-Wednesday level.
The pound traded at $1.5231, down 1% from $1.5385 late Wednesday in New York.