NEW YORK — The dollar rose to its highest since February against a basket of currencies on Friday as investors weighed the likelihood of higher US interest rates, while a measure of world stocks dipped but looked set for its first weekly gain in four weeks. The euro hit a seven-month low against the dollar after the European Central Bank left its ultra-loose policy unchanged on Thursday but kept the door open to more stimulus in December. The dollar also was bolstered by comments from New York Federal Reserve President William Dudley earlier this week that the Fed was prepared to raise US overnight interest rates, and by decreasing likelihood of Donald Trump winning the US presidency. "There have been some Fed comments where they sound like they are ready to move in December, but also partly related is the market view that a hike in December is much more likely if Clinton wins than if Trump wins," said Steven Englander, global head of foreign exchange strategy at Citigroup in New Yo...
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