Dollar index touches 100.8, a one-year high, as Fed hike bets lift greenback and push yen to two-year low

The Federal Reserve struck a more hawkish tone, with nearly half of policymakers now projecting a rate hike this year, while fed funds futures imply a 69% chance of an increase by September. Recent U.S. jobs reports have come in well above economists’ expectations, and weekly jobless claims fell again, adding to rate-hike expectations. The dollar index rose to 100.8, its highest level in a year.