US dollar gauge climbs to four-year high

A dollar gauge rose to a four-year high amid bets the Federal Reserve will boost interest rates before its peers. New Zealand’s dollar slid to a year-low as the nation’s central bank signaled possible intervention. The greenback reached the strongest since November 2012 versus the euro before US data tomorrow analysts said will show economic growth quickened and consumer confidence improved. The kiwi slid at least 0.7 per cent versus all its 31 major peers after Reserve Bank Governor Graeme Wheeler called the currency’s level ‘unjustified,’ invoking one of the central bank’s criteria for intervention. Australia’s dollar also declined, according to businessweek.com