U.S. dollar rises amid expectations of higher interest rates

NEW YORK, Dec. 6 (Xinhua) -- The U.S. dollar appreciated in late trading on Tuesday as traders bet on further interest rate hikes by the Federal Reserve.

The dollar index, which measures the greenback against six major peers, increased 0.27 percent to 105.5760, following a 0.71 percent jump in the prior session.

The rally came as recent upbeat U.S. economic data reinforced expectations that the Fed could