U.S. dollar rises as traders bet on aggressive Fed action

NEW YORK, April 5 (Xinhua) -- The U.S. dollar appreciated in late trading on Tuesday as market participants bet on more aggressive policy moves from the Federal Reserve to tame inflation.

The dollar index, which measures the greenback against six major peers, increased 0.48 percent at 99.4710.

In late New York trading, the euro was down to 1.0909 U.S. dollars from 1.0975 dollars in the previous session, a