LONDON—The dollar index rose to its highest in nearly seven weeks on Thursday, a day after minutes from the Federal Reserve’s last policy meeting that supported, but did not add to markets’ view the central bank will raise rates further.
The index, which tracks the greenback against six major peers touched 104.68, its highest since Jan. 6, in late morning in Europe, before trading just below that level steady on the day.
The euro, the largest component of the index, briefly touched $1.0586, also its lowest since early Jan, largely unaffected by eurozone inflation data that came in a touch higher in January than earlier estimated, confirming that price growth is now well past its peak….