Markets October 17, 2016 U.S. dollar zooms to 7-month high Posted By: Admin 7month, dollar, high, U.S., zooms Wall Street banking on December rate hike The dollar is finding a second wind in 2016. America’s greenback recently hit its highest point since early March, rallying on the rising hopes that the Federal Reserve will finally raise interest rates in December. Let’s block ads! (Why?) Latest stock market news from Wall Street – CNNMoney.com