(Reuters)
The dollar hit a six-week high against the euro on Monday as investors expect new Federal Reserve Chairman Ben Bernanke to signal that the central bank is not done with its 19-month streak of raising interest rates.
The dollar had jumped to multi-week highs against the euro and the Swiss franc on Friday, recovering from an initial slide after data showed the U.S. trade deficit swelled more than expected in December and ended 2005 at a record $725.8 billion.
Technorati Tags: forex, forex+trading, finance, news, eur, usd