U.S. dollar tumbles as market speculates Fed ending rate hikes

NEW YORK, Nov. 2 (Xinhua) -- The U.S. dollar suffered substantial losses on Thursday, driven by dovish bets on the Federal Reserve and falling U.S. bond yields following Wednesday's decision.

The dollar index, which measures the greenback against six major peers, fell 0.71 percent to 106.1285 in late trading.

Although Fed Chair Jerome Powell left the door open to another hike, investors are increasingly c