Dollar ETF Climbs to 7-Month High on Rate Hike Speculation

The U.S. dollar rallied to a seven month high Friday as investors raise bets on a potential Federal Reserve interest rate hike in December. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) rose 0.4% Friday to its highest level since early march. Strengthening the U.S. dollar,...