Intraday Trading Tips, Dollar Hovers Near three-and-a-half-Week High After Yellen Testimony

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TOKYO - The dollar held gains near a 3-1/2-week high on Wednesday after Federal Reserve Chair Janet Yellen signalled a faster pace of U.S. interest rate hikes. Yellen told the U.S. Senate Banking Committee the central bank will likely need to raise interest rates at one of its upcoming meetings, although she expressed caution amid considerable uncertainty over economic policies under President Donald Trump's administration.

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