India, Sept. 28 -- The U.S. Dollar extended gains during the week ended September 25 as strong economic data from the U.S. and the spike in global crude oil prices renewed Fed rate hike fears and triggered a selloff in U.S. bond markets.
During the past week, the U.S. dollar, inter alia, rallied against the euro, the British pound, the Australian dollar, the Japanese yen, the Swedish krona, the Canadian dollar and the Swiss franc. The 6-currency Dollar Index jumped close to a percent over the course of the week.
Here is a quick recap of the dollar's trajectory during the week ended September 25.
Data released on Wednesday showed an unexpected jump in manufacturing as well as service sector activity in the U.S. Flash S&P Global PMI readin...