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The U.S. dollar rose on Tuesday, following hawkish comments from Federal Reserve officials, and boosted by European political uncertainty. Philadelphia Federal Reserve Bank President Patrick Harker said on Tuesday that the U.S. economy is back to normal, the labor market is healthy again and inflation is headed higher, repeating that he expects the Fed to raise interest rates three times this year. The dollar index, which measures the currency against its six major peers, was up 0.42 percent at 101.37. The euro fell 0.70 percent at $1.0535 against the greenback. Against the yen, the dollar was up 0.53 percent at 113.67. The euro is expected to meet resistance and support against the dollar at $1.0700 and $1.0400 respectively, while the dollar is expected to meet resistance and support against the yen at 115.00 and 111.50 respectively.
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