NEW YORK (Dow Jones)--The dollar advanced against most of its rivals Wednesday after a dissent to the Federal Reserve's vote to leave interest rates near zero fueled speculation the U.S. might be moving closer to raising interest rates.
The euro plunged briefly below $1.40 for the first time since July 2009, while the yen dipped to an intraday low against the dollar after the Federal Open Market Committee's meeting, when Kansas City Fed President Thomas Hoenig voted against leaving short-term interest rates at ultra-low levels. Higher-yielding currencies also tumbled, led by the Australian dollar.
The U.K. pound was the best ...
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