Dollar Heads for Weekly Gain as Rate Cut Optimism Cools

Dollar Heads for Weekly Gain as Rate Cut Optimism Cools
U.S. one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington on Nov. 14, 2014. Gary Cameron/Reuters
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LONDON/SINGAPORE—The dollar was on track to rise for the week on Friday, adding to solid gains so far this year, as the U.S. economy and pushback from central bankers has caused traders to dial down expectations of swift falls in interest rates.

The euro has fallen 0.6 percent this week, helping push the dollar index to a 0.9 percent gain, taking its increase this year to 1.9 percent.