Dollar walks over global peers

Tokyo - The dollar marched higher on Wednesday, supported by expectations for a mid-year US rate hike and diverging policy paths between the Fed and other major central banks.

The US currency's unrelenting rise saw it jump against a string of global peers including the euro and yen, while it also advanced against emerging market currencies from the Indonesian rupiah to the Thai baht.

Upbeat US jobs data on Friday has fanned speculation that the US central bank will follow through on an interest rate hike by June.