Hints of rate rise in March drive US$ higher

London

THE dollar rose broadly on Tuesday after two Federal Reserve policymakers pointed to a potential US interest rates rise next month, turning attention to the bullish fundamentals of the world's biggest economy.

The move, a more than half per cent gain for the greenback, drove the biggest fall in the euro in more than a month, with concerns over upcoming elections in France and the Netherlands also weighing on the single currency.