U.S. dollar surges, euro tumbles in wake of Fed rate hike – Article – BNN

The dollar charged to a 14-year high and government bond yields rose sharply on Thursday after the Federal Reserve hiked U.S. interest rates and signalled more would follow at a faster pace next year. The euro tumbled to US$1.0435 at 6:20 a.m. ET, hitting its lowest level against the greenback since 2003.

Source: U.S. dollar surges, euro tumbles in wake of Fed rate hike – Article – BNN