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Dollar heads toward its highest close since March as U.S. Senate passes $1 trillion infrastructure bill

Dollar heads toward its highest close since March as U.S. Senate passes $1 trillion infrastructure bill

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The U.S. dollar jumped on Tuesday, sending one widely followed gauge toward its highest closing level in more than four months, as the U.S. Senate’s passage of a roughly $1 trillion infrastructure bill reinforced investors’ positive outlook for the economy. The U.S. Dollar Index DXY, +0.15% rose to as high as 93.14 earlier today and is on pace for its highest close since March 31.

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