U.S. dollar gains ground as traders bet Fed hike in May

NEW YORK, April 10 (Xinhua) -- The U.S. dollar saw appreciation in late trading on Monday as market participants prepared for another Federal Reserve interest rate hike in May.

The dollar index, which measures the greenback against six major peers, increased 0.47 percent to 102.5736.

In late New York trading, the euro decreased to 1.0859 dollars from 1.0907 dollars in the previous session, and the British