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The US dollar is breaking out this week, boosted by trade talks and higher rates

Patti Domm

The dollar has been moving higher, trading more on rising U.S. interest rates and the economy than on President Donald Trump's trade threats. The dollar is poised to continue its move higher, as Trump administration officials look set to negotiate trade disputes rather than just slap tariffs on goods. The dollar also gained as the U.S. 10-year Treasury jumped to 3 percent for the first time in four years, and expectations for Fed rate hikes are on the rise.