US$ takes a breather as focus shifts to rate hike

London

THE dollar index eased on Wednesday after hitting its highest in over a week as US 10-year Treasury yields dipped, with investors' focus slowly shifting from Greece to prospects for higher US interest rates.

The index shed 0.3 per cent to 95.155. On Tuesday it had climbed to 95.636, its highest level since June 12.

It held onto the bulk of the gains made on Tuesday, when it climbed 1.2 per cent - its best daily performance since late May. Reasonably good US dat…