U.S. dollar rises after Fed chair's hawkish remarks

NEW YORK, May 18 (Xinhua) -- The U.S. dollar strengthened in late trading on Wednesday as market participants digested the hawkish comments from Federal Reserve Chairman Jerome Powell.

The dollar index, which measures the greenback against six major peers, rose 0.43 percent to 103.8100.

In late New York trading, the euro fell to 1.0479 U.S. dollars from 1.0549 dollars in the previous session, and the Brit