TOKYO—The dollar remained firm near a two-decade high versus major peers on Tuesday as investors braced for another aggressive rate hike by the Federal Reserve as it battles to rein in overheated inflation.
The dollar index, which measures the greenback against six counterparts, edged 0.09 percent higher to 109.64, stable for the moment after pulling back from as high as 110.79 earlier this month, a level not seen since June 2002.
