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US$ up on rate hike hopes, baht slips after blast

Published Tue, Aug 18, 2015 · 09:50 PM

Tokyo

THE US dollar broadly rose on Tuesday as strong housing data bolstered hopes for a US interest rate hike, while the Thai baht slumped to a fresh six-year low after a deadly Bangkok bombing.

In Tokyo, the greenback edged up to 124.47 yen, against 124.41 yen in New York, after the National Association of Home Builders said homebuilder sentiment hit its highest level since the recession ended in 2009.

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